$15.61
0.030.19%
At close: -
$15.61
0.000.00%
After Hours: 4:00 PM EDT
Comments
Loading...
Carter Bankshares Analyst Ratings and Price Targets | NASDAQ:CARE | Benzinga
Carter Bankshares Inc has a consensus price target of $19.3 based on the ratings of 5 analysts. The high is $22 issued by Hovde Group on October 2, 2024. The low is $16 issued by Raymond James on July 7, 2022. The 3 most-recent analyst ratings were released by Hovde Group, Raymond James, and Raymond James on October 2, 2024, August 29, 2024, and May 1, 2023, respectively. With an average price target of $20 between Hovde Group, Raymond James, and Raymond James, there's an implied 28.12% upside for Carter Bankshares Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Hovde Group
Raymond James
Piper Sandler
DA Davidson
Raymond James
1calculated from analyst ratings
Analyst Ratings for Carter Bankshares
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 10/02/2024 | Buy Now | 40.94% | Hovde Group | Feddie Strickland34% | → $22 | Initiates | → Outperform | Get Alert |
| 08/29/2024 | Buy Now | 34.53% | Raymond James | Steve Moss67% | $20 → $21 | Maintains | Outperform | Get Alert |
| 05/01/2023 | Buy Now | 8.9% | Raymond James | Steve Moss67% | → $17 | Upgrade | Market Perform → Outperform | Get Alert |
| 04/06/2023 | Buy Now | — | Raymond James | Steve Moss67% | — | Reinstates | → Market Perform | Get Alert |
| 12/05/2022 | Buy Now | 21.72% | Piper Sandler | Casey Orr Whitman71% | → $19 | Reinstates | → Neutral | Get Alert |
| 10/06/2022 | Buy Now | 18.51% | DA Davidson | Kevin Fitzsimmons66% | $17.5 → $18.5 | Downgrade | Buy → Neutral | Get Alert |
| 07/07/2022 | Buy Now | 2.5% | Raymond James | William Wallace60% | → $16 | Upgrade | Market Perform → Outperform | Get Alert |
FAQ
What is the target price for Carter Bankshares (CARE) stock?
The latest price target for Carter Bankshares (NASDAQ:CARE) was reported by Hovde Group on October 2, 2024. The analyst firm set a price target for $22.00 expecting CARE to rise to within 12 months (a possible 40.94% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Carter Bankshares (CARE)?
The latest analyst rating for Carter Bankshares (NASDAQ:CARE) was provided by Hovde Group, and Carter Bankshares initiated their outperform rating.
When was the last upgrade for Carter Bankshares (CARE)?
The last upgrade for Carter Bankshares Inc happened on May 1, 2023 when Raymond James raised their price target to $17. Raymond James previously had a market perform for Carter Bankshares Inc.
When was the last downgrade for Carter Bankshares (CARE)?
The last downgrade for Carter Bankshares Inc happened on October 6, 2022 when DA Davidson changed their price target from $17.5 to $18.5 for Carter Bankshares Inc.
When is the next analyst rating going to be posted or updated for Carter Bankshares (CARE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carter Bankshares, 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 Carter Bankshares was filed on October 2, 2024 so you should expect the next rating to be made available sometime around October 2, 2025.
Is the Analyst Rating Carter Bankshares (CARE) correct?
While ratings are subjective and will change, the latest Carter Bankshares (CARE) rating was a initiated with a price target of $0.00 to $22.00. The current price Carter Bankshares (CARE) is trading at is $15.61, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
