| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/11/2023 | 7.4% | Hovde Group | → $27 | Initiates Coverage On | → Market Perform |
| 05/08/2023 | -0.56% | Keefe, Bruyette & Woods | $28 → $25 | Maintains | Market Perform |
| 05/03/2023 | 11.38% | Raymond James | $34 → $28 | Maintains | Outperform |
| 05/01/2023 | 11.38% | Piper Sandler | $31 → $28 | Maintains | Overweight |
| 04/06/2023 | 11.38% | Keefe, Bruyette & Woods | $32 → $28 | Maintains | Market Perform |
| 02/03/2021 | 11.38% | Piper Sandler | $25 → $28 | Upgrades | Neutral → Overweight |
| 10/29/2020 | -20.45% | Piper Sandler | $19 → $20 | Maintains | Neutral |
| 01/07/2020 | 11.38% | Stephens & Co. | → $28 | Initiates Coverage On | → Equal-Weight |
| 07/16/2019 | 7.4% | Piper Sandler | → $27 | Initiates Coverage On | → Neutral |
| 10/26/2018 | 23.31% | Raymond James | $35 → $31 | Maintains | Outperform |
What is the target price for Towne Bank (TOWN)?
The latest price target for Towne Bank (NASDAQ: TOWN) was reported by Hovde Group on August 11, 2023. The analyst firm set a price target for $27.00 expecting TOWN to rise to within 12 months (a possible 7.40% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Towne Bank (TOWN)?
The latest analyst rating for Towne Bank (NASDAQ: TOWN) was provided by Hovde Group, and Towne Bank initiated their market perform rating.
When is the next analyst rating going to be posted or updated for Towne Bank (TOWN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Towne Bank, 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 Towne Bank was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
Is the Analyst Rating Towne Bank (TOWN) correct?
While ratings are subjective and will change, the latest Towne Bank (TOWN) rating was a initiated with a price target of $0.00 to $27.00. The current price Towne Bank (TOWN) is trading at is $25.14, which is within the analyst's predicted range.