$27.00
-0.45[-1.64%]
At close: Apr 29
$27.00
0[0.00%]
After Hours: 4:02PM EDT
Summit Finl Gr
(NASDAQ:SMMF)Summit Finl Gr Stock (NASDAQ:SMMF), Analyst Ratings, Price Targets, Predictions
Summit Financial Group Inc has a consensus price target of $26.5, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from DA Davidson and Piper Sandler on August 29, 2023 and July 30, 2021. With an average price target of $26.5 between DA Davidson and Piper Sandler, there's an implied -1.85% downside for Summit Financial Group Inc from these 2 analyst ratings.
Analyst Firms Making Recommendations1
DA Davidson
Piper Sandler
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Summit Finl Gr
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 08/29/2023 | SMMF | Buy Now | Summit Finl Gr | $27.00 | — | DA Davidson | Manuel Navas | $25 → $27 | Maintains | Neutral | Get Alert |
| 07/30/2021 | SMMF | Buy Now | Summit Finl Gr | $27.00 | -3.7% | Piper Sandler | Nicholas Cucharale | — | Upgrade | Neutral → Overweight | Get Alert |
FAQ
What is the target price for Summit Finl Gr (SMMF)?
The latest price target for Summit Finl Gr (NASDAQ: SMMF) was reported by DA Davidson on August 29, 2023. The analyst firm set a price target for $27.00 expecting SMMF to fall to within 12 months (a possible 0.00% downside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Summit Finl Gr (SMMF)?
The latest analyst rating for Summit Finl Gr (NASDAQ: SMMF) was provided by DA Davidson, and Summit Finl Gr maintained their neutral rating.
When was the last upgrade for Summit Finl Gr (SMMF)?
The last upgrade for Summit Financial Group Inc happened on July 30, 2021 when Piper Sandler raised their price target to $26. Piper Sandler previously had a neutral for Summit Financial Group Inc.
When was the last downgrade for Summit Finl Gr (SMMF)?
There is no last downgrade for Summit Finl Gr.
When is the next analyst rating going to be posted or updated for Summit Finl Gr (SMMF)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit Finl Gr, 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 Summit Finl Gr was filed on August 29, 2023 so you should expect the next rating to be made available sometime around August 29, 2024.
Is the Analyst Rating Summit Finl Gr (SMMF) correct?
While ratings are subjective and will change, the latest Summit Finl Gr (SMMF) rating was a maintained with a price target of $25.00 to $27.00. The current price Summit Finl Gr (SMMF) is trading at is $27.00, which is within the analyst’s predicted range.
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