Xenith Bankshares (XBKS) Receiving Somewhat Critical Media Coverage, Analysis Shows
Headlines about Xenith Bankshares (NASDAQ:XBKS) have been trending somewhat negative this week, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenith Bankshares earned a media sentiment score of -0.02 on AlphaOne’s scale. AlphaOne also assigned media headlines about the bank an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Shares of Xenith Bankshares (XBKS) opened at 31.87 on Friday. Xenith Bankshares has a 52 week low of $16.70 and a 52 week high of $33.30. The stock has a 50 day moving average of $29.41 and a 200-day moving average of $25.70.
A number of brokerages have recently commented on XBKS. Stephens began coverage on shares of Xenith Bankshares in a research note on Friday, April 7th. They issued an “equal weight” rating for the company. Zacks Investment Research lowered shares of Xenith Bankshares from a “hold” rating to a “sell” rating in a research note on Tuesday, May 2nd. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $28.00 price target on shares of Xenith Bankshares in a research note on Thursday, April 27th.
About Xenith Bankshares
Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.
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