$28.24
0.50[1.80%]
At close: Apr 22
$28.24
0[0.00%]
After Hours: 7:59PM EDT
Cadence Bank
(NYSE:CADE)Cadence Bank Stock (NYSE:CADE), Analyst Ratings, Price Targets, Predictions
Cadence Bank has a consensus price target of $30, established from looking at the 45 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, Jefferies, and Truist Securities on April 9, 2024, April 8, 2024, and April 1, 2024. With an average price target of $31 between RBC Capital, Jefferies, and Truist Securities, there's an implied 9.77% upside for Cadence Bank from these 3 analyst ratings.
Analyst Firms Making Recommendations1
RBC Capital
Jefferies
Truist Securities
Barclays
Morgan Stanley
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Cadence Bank
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 9.77% | RBC Capital | Jon Arfstrom | → $31 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 04/08/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 2.69% | Jefferies | Ken Usdin | $30 → $29 | Maintains | Hold | Get Alert |
| 04/01/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 16.86% | Truist Securities | Brandon King | $32 → $33 | Maintains | Buy | Get Alert |
| 03/08/2024 | CADE | Buy Now | Cadence Bank | $28.24 | -0.85% | Barclays | Jared Shaw | → $28 | Initiates | → Equal-Weight | Get Alert |
| 02/07/2024 | CADE | Buy Now | Cadence Bank | $28.24 | -4.39% | Morgan Stanley | Manan Gosalia | $24 → $27 | Maintains | Equal-Weight | Get Alert |
| 01/31/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 20.4% | Raymond James | Michael Rose | $35 → $34 | Maintains | Strong Buy | Get Alert |
| 01/31/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 9.77% | RBC Capital | Jon Arfstrom | → $31 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/30/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 13.31% | Stephens & Co. | Matt Olney | → $32 | Reiterates | Overweight → Overweight | Get Alert |
| 01/05/2024 | CADE | Buy Now | Cadence Bank | $28.24 | 23.94% | Raymond James | Michael Rose | $26 → $35 | Maintains | Strong Buy | Get Alert |
| 12/29/2023 | CADE | Buy Now | Cadence Bank | $28.24 | 13.31% | Citigroup | Benjamin Gerlinger | $27 → $32 | Maintains | Neutral | Get Alert |
| 10/26/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -15.01% | Morgan Stanley | Manan Gosalia | $22 → $24 | Maintains | Equal-Weight | Get Alert |
| 10/25/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -0.85% | Piper Sandler | Brad Milsaps | $30 → $28 | Maintains | Overweight | Get Alert |
| 10/25/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -4.39% | Stephens & Co. | Matt Olney | $25 → $27 | Maintains | Overweight | Get Alert |
| 09/27/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -11.47% | Truist Securities | Brandon King | $27 → $25 | Maintains | Buy | Get Alert |
| 09/27/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -22.1% | Morgan Stanley | Manan Gosalia | $23 → $22 | Maintains | Equal-Weight | Get Alert |
| 07/26/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -7.93% | Keefe, Bruyette & Woods | Catherine Mealor | $25 → $26 | Maintains | Outperform | Get Alert |
| 07/26/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -18.56% | Morgan Stanley | Manan Gosalia | $23 → $23 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/26/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -4.39% | Stephens & Co. | Matt Olney | $24 → $27 | Maintains | Overweight | Get Alert |
| 07/26/2023 | CADE | Buy Now | Cadence Bank | $28.24 | -7.93% | RBC Capital | Jon Arfstrom | $25 → $26 | Maintains | Sector Perform | Get Alert |
FAQ
What is the target price for Cadence Bank (CADE)?
The latest price target for Cadence Bank (NYSE: CADE) was reported by RBC Capital on April 9, 2024. The analyst firm set a price target for $31.00 expecting CADE to rise to within 12 months (a possible 9.77% upside). 25 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cadence Bank (CADE)?
The latest analyst rating for Cadence Bank (NYSE: CADE) was provided by RBC Capital, and Cadence Bank reiterated their sector perform rating.
When was the last upgrade for Cadence Bank (CADE)?
The last upgrade for Cadence Bank happened on December 9, 2021 when Janney Montgomery Scott raised their price target to $35. Janney Montgomery Scott previously had a neutral for Cadence Bank.
When was the last downgrade for Cadence Bank (CADE)?
There is no last downgrade for Cadence Bank.
When is the next analyst rating going to be posted or updated for Cadence Bank (CADE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cadence 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 Cadence Bank was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating Cadence Bank (CADE) correct?
While ratings are subjective and will change, the latest Cadence Bank (CADE) rating was a reiterated with a price target of $0.00 to $31.00. The current price Cadence Bank (CADE) is trading at is $28.24, which is within the analyst’s predicted range.
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