Horizon Bancorp
(NASDAQ:HBNC)
$11.84
0.42[3.68%]
At close: Apr 19
$11.84
0[0.00%]
After Hours: 4:00PM EDT
Q1 2024 Earnings in 4 days from now on Wed Apr 24th, after the market close
Conference call scheduled in 5 days at 8:30 AM Click to view the webcast
Consensus Rating1
Market Perform
Highest Price Target1
$18.00
Lowest Price Target1
$12.00
Consensus Price Target1
$11.00

Horizon Bancorp Stock (NASDAQ:HBNC), Analyst Ratings, Price Targets, Predictions

Horizon Bancorp (IN) has a consensus price target of $11, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Stephens & Co., Piper Sandler, and Piper Sandler on December 13, 2023, December 13, 2023, and October 30, 2023. With an average price target of $12 between Stephens & Co., Piper Sandler, and Piper Sandler, there's an implied 1.35% upside for Horizon Bancorp (IN) from these 3 analyst ratings.

Analyst Trend
1
Oct 23
1
1
Dec 23
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
Piper Sandler
Raymond James
Keefe, Bruyette & Woods

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Horizon Bancorp

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
12/13/2023HBNCBuy Now
Horizon Bancorp
$11.841.35%Stephens & Co.
Terry McEvoy
→ $12ReiteratesOverweight → OverweightGet Alert
12/13/2023HBNCBuy Now
Horizon Bancorp
$11.8418.24%Piper Sandler
Nathan Race
$13 → $14MaintainsNeutralGet Alert
10/30/2023HBNCBuy Now
Horizon Bancorp
$11.84-15.54%Piper Sandler
Nathan Race
$12 → $10MaintainsNeutralGet Alert
07/31/2023HBNCBuy Now
Horizon Bancorp
$11.8418.24%Piper Sandler
Nathan Race
$11 → $14MaintainsNeutralGet Alert
07/06/2023HBNCBuy Now
Horizon Bancorp
$11.84Raymond James
David Long
DowngradeOutperform → Market PerformGet Alert
04/27/2023HBNCBuy Now
Horizon Bancorp
$11.849.8%Stephens & Co.
Terry McEvoy
→ $13Reiterates → OverweightGet Alert
04/06/2023HBNCBuy Now
Horizon Bancorp
$11.849.8%Raymond James
David Long
$18 → $13MaintainsOutperformGet Alert
02/22/2023HBNCBuy Now
Horizon Bancorp
$11.84Piper Sandler
Nathan Race
DowngradeOverweight → NeutralGet Alert
01/27/2023HBNCBuy Now
Horizon Bancorp
$11.8452.03%Raymond James
David Long
$19 → $18MaintainsOutperformGet Alert
10/31/2022HBNCBuy Now
Horizon Bancorp
$11.8452.03%Stephens & Co.
Terry McEvoy
$25.5 → $18MaintainsOverweightGet Alert
10/28/2022HBNCBuy Now
Horizon Bancorp
$11.8452.03%Keefe, Bruyette & Woods
Damon Delmonte
$23 → $18DowngradeOutperform → Market PerformGet Alert
10/28/2022HBNCBuy Now
Horizon Bancorp
$11.8460.47%Raymond James
David Long
$23 → $19MaintainsOutperformGet Alert
07/29/2022HBNCBuy Now
Horizon Bancorp
$11.8494.26%Raymond James
David Long
$22 → $23MaintainsOutperformGet Alert
07/07/2022HBNCBuy Now
Horizon Bancorp
$11.8485.81%Raymond James
David Long
$23 → $22DowngradeStrong Buy → OutperformGet Alert
04/29/2022HBNCBuy Now
Horizon Bancorp
$11.8494.26%Raymond James
David Long
$25 → $23MaintainsStrong BuyGet Alert
12/03/2021HBNCBuy Now
Horizon Bancorp
$11.84111.15%Raymond James
David Long
MaintainsStrong BuyGet Alert
10/29/2021HBNCBuy Now
Horizon Bancorp
$11.84102.7%Raymond James
David Long
UpgradeOutperform → Strong BuyGet Alert
08/26/2021HBNCBuy Now
Horizon Bancorp
$11.8477.36%Raymond James
David Long
MaintainsOutperformGet Alert
07/29/2021HBNCBuy Now
Horizon Bancorp
$11.8468.92%Raymond James
David Long
MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Horizon Bancorp (HBNC)?

A

The latest price target for Horizon Bancorp (NASDAQ: HBNC) was reported by Stephens & Co. on December 13, 2023. The analyst firm set a price target for $12.00 expecting HBNC to rise to within 12 months (a possible 1.35% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Horizon Bancorp (HBNC)?

A

The latest analyst rating for Horizon Bancorp (NASDAQ: HBNC) was provided by Stephens & Co., and Horizon Bancorp reiterated their overweight rating.

Q

When was the last upgrade for Horizon Bancorp (HBNC)?

A

The last upgrade for Horizon Bancorp (IN) happened on October 29, 2021 when Raymond James raised their price target to $24. Raymond James previously had an outperform for Horizon Bancorp (IN).

Q

When was the last downgrade for Horizon Bancorp (HBNC)?

A

The last downgrade for Horizon Bancorp (IN) happened on July 6, 2023 when Raymond James changed their price target from N/A to N/A for Horizon Bancorp (IN).

Q

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

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Horizon 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 Horizon Bancorp was filed on December 13, 2023 so you should expect the next rating to be made available sometime around December 13, 2024.

Q

Is the Analyst Rating Horizon Bancorp (HBNC) correct?

A

While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a reiterated with a price target of $0.00 to $12.00. The current price Horizon Bancorp (HBNC) is trading at is $11.84, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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