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Provident Bancorp Analyst Ratings

Benzinga Analyst Ratings ·  Nov 16, 2022 20:06
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/16/2022 18.81% Stephens & Co. $18 → $12 Downgrades Overweight → Equal-Weight
08/08/2022 78.22% Stephens & Co. $18.5 → $18 Maintains Overweight
03/29/2022 98.02% Stephens & Co. → $20 Initiates Coverage On → Overweight
04/26/2021 78.22% Piper Sandler $14.5 → $18 Upgrades Neutral → Overweight
03/04/2020 18.81% Compass Point $13.5 → $12 Downgrades Buy → Neutral
10/18/2019 28.71% Compass Point → $13 Initiates Coverage On → Buy

What is the target price for Provident Bancorp (PVBC)?

The latest price target for Provident Bancorp (NASDAQ: PVBC) was reported by Stephens & Co. on November 16, 2022. The analyst firm set a price target for $12.00 expecting PVBC to rise to within 12 months (a possible 18.81% upside). 3 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Provident Bancorp (PVBC)?

The latest analyst rating for Provident Bancorp (NASDAQ: PVBC) was provided by Stephens & Co., and Provident Bancorp downgraded their equal-weight rating.

When is the next analyst rating going to be posted or updated for Provident Bancorp (PVBC)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Provident Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Provident Bancorp was filed on November 16, 2022 so you should expect the next rating to be made available sometime around November 16, 2023.

Is the Analyst Rating Provident Bancorp (PVBC) correct?

While ratings are subjective and will change, the latest Provident Bancorp (PVBC) rating was a downgraded with a price target of $18.00 to $12.00. The current price Provident Bancorp (PVBC) is trading at is $10.10, which is out of the analyst's predicted range.

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