$34.96
0[0.00%]
At close: Apr 25
$34.96
0[0.00%]
PreMarket: 4:20PM EDT
Cathay General
(NASDAQ:CATY)Cathay General Stock (NASDAQ:CATY), Analyst Ratings, Price Targets, Predictions
Cathay General Bancorp has a consensus price target of $39.86, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Keefe, Bruyette & Woods, and Wedbush on April 25, 2024, April 23, 2024, and April 23, 2024. With an average price target of $41 between Truist Securities, Keefe, Bruyette & Woods, and Wedbush, there's an implied 17.28% upside for Cathay General Bancorp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Keefe, Bruyette & Woods
Wedbush
Piper Sandler
DA Davidson
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Cathay General
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | CATY | Buy Now | Cathay General | $34.96 | 8.7% | Truist Securities | Brandon King | $40 → $38 | Maintains | Hold | Get Alert |
| 04/23/2024 | CATY | Buy Now | Cathay General | $34.96 | 17.28% | Keefe, Bruyette & Woods | Christopher Mcgratty | $46 → $41 | Maintains | Market Perform | Get Alert |
| 04/23/2024 | CATY | Buy Now | Cathay General | $34.96 | 25.86% | Wedbush | David Chiaverini | → $44 | Reiterates | Outperform → Outperform | Get Alert |
| 04/01/2024 | CATY | Buy Now | Cathay General | $34.96 | 14.42% | Truist Securities | Brandon King | $46 → $40 | Maintains | Hold | Get Alert |
| 11/06/2023 | CATY | Buy Now | Cathay General | $34.96 | -11.33% | Piper Sandler | Matthew Clark | → $31 | Downgrade | Neutral → Underweight | Get Alert |
| 10/24/2023 | CATY | Buy Now | Cathay General | $34.96 | -11.33% | Piper Sandler | Matthew Clark | $32 → $31 | Maintains | Neutral | Get Alert |
| 10/24/2023 | CATY | Buy Now | Cathay General | $34.96 | 14.42% | Wedbush | David Chiaverini | $42 → $40 | Maintains | Outperform | Get Alert |
| 09/27/2023 | CATY | Buy Now | Cathay General | $34.96 | 8.7% | Truist Securities | Brandon King | $40 → $38 | Maintains | Hold | Get Alert |
| 07/25/2023 | CATY | Buy Now | Cathay General | $34.96 | 28.72% | Wedbush | David Chiaverini | $40 → $45 | Maintains | Outperform | Get Alert |
| 07/25/2023 | CATY | Buy Now | Cathay General | $34.96 | 17.28% | DA Davidson | Gary Tenner | $34 → $41 | Maintains | Neutral | Get Alert |
| 07/25/2023 | CATY | Buy Now | Cathay General | $34.96 | 11.56% | Keefe, Bruyette & Woods | Christopher Mcgratty | $37 → $39 | Maintains | Market Perform | Get Alert |
| 06/29/2023 | CATY | Buy Now | Cathay General | $34.96 | -2.75% | Truist Securities | Brandon King | $36 → $34 | Maintains | Hold | Get Alert |
| 04/24/2023 | CATY | Buy Now | Cathay General | $34.96 | 2.97% | Truist Securities | Brandon King | $39 → $36 | Maintains | Hold | Get Alert |
| 04/21/2023 | CATY | Buy Now | Cathay General | $34.96 | 14.42% | Wedbush | David Chiaverini | $42 → $40 | Maintains | Outperform | Get Alert |
| 04/06/2023 | CATY | Buy Now | Cathay General | $34.96 | 14.42% | Keefe, Bruyette & Woods | Christopher Mcgratty | $50 → $40 | Maintains | Market Perform | Get Alert |
| 03/23/2023 | CATY | Buy Now | Cathay General | $34.96 | 11.56% | Truist Securities | Jennifer Demba | $46 → $39 | Maintains | Hold | Get Alert |
| 01/26/2023 | CATY | Buy Now | Cathay General | $34.96 | 31.58% | Piper Sandler | Matthew Clark | $47 → $46 | Maintains | Neutral | Get Alert |
| 07/14/2022 | CATY | Buy Now | Cathay General | $34.96 | 28.72% | Stephens & Co. | Andrew Terrell | → $45 | Initiates | → Equal-Weight | Get Alert |
| 06/13/2022 | CATY | Buy Now | Cathay General | $34.96 | 23% | Truist Securities | Jennifer Demba | $46 → $43 | Maintains | Hold | Get Alert |
FAQ
What is the target price for Cathay General (CATY)?
The latest price target for Cathay General (NASDAQ: CATY) was reported by Truist Securities on April 25, 2024. The analyst firm set a price target for $38.00 expecting CATY to rise to within 12 months (a possible 8.70% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cathay General (CATY)?
The latest analyst rating for Cathay General (NASDAQ: CATY) was provided by Truist Securities, and Cathay General maintained their hold rating.
When was the last upgrade for Cathay General (CATY)?
There is no last upgrade for Cathay General.
When was the last downgrade for Cathay General (CATY)?
The last downgrade for Cathay General Bancorp happened on November 6, 2023 when Piper Sandler changed their price target from N/A to $31 for Cathay General Bancorp.
When is the next analyst rating going to be posted or updated for Cathay General (CATY)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cathay General, 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 Cathay General was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Cathay General (CATY) correct?
While ratings are subjective and will change, the latest Cathay General (CATY) rating was a maintained with a price target of $40.00 to $38.00. The current price Cathay General (CATY) is trading at is $34.96, which is out of the analyst’s predicted range.
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