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Lakeland Financial Analyst Ratings

Benzinga ·  Oct 26, 2023 21:24
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/26/2023 23.08% Raymond James $64 → $60 Maintains Outperform
07/24/2023 31.28% Raymond James $66 → $64 Maintains Outperform
04/26/2023 35.38% Raymond James $74 → $66 Maintains Outperform
04/06/2023 51.79% Raymond James $78 → $74 Maintains Outperform
02/21/2023 60% Raymond James → $78 Upgrades Market Perform → Outperform
07/27/2021 35.38% Stephens & Co. $70 → $66 Maintains Equal-Weight

What is the target price for Lakeland Financial (LKFN)?

The latest price target for Lakeland Financial (NASDAQ: LKFN) was reported by Raymond James on October 26, 2023. The analyst firm set a price target for $60.00 expecting LKFN to rise to within 12 months (a possible 23.08% upside). 5 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Lakeland Financial (LKFN)?

The latest analyst rating for Lakeland Financial (NASDAQ: LKFN) was provided by Raymond James, and Lakeland Financial maintained their outperform rating.

When is the next analyst rating going to be posted or updated for Lakeland Financial (LKFN)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lakeland Financial, 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 Lakeland Financial was filed on October 26, 2023 so you should expect the next rating to be made available sometime around October 26, 2024.

Is the Analyst Rating Lakeland Financial (LKFN) correct?

While ratings are subjective and will change, the latest Lakeland Financial (LKFN) rating was a maintained with a price target of $64.00 to $60.00. The current price Lakeland Financial (LKFN) is trading at is $48.75, which is out of the analyst's predicted range.

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