Cathay General Bancorp
(NASDAQ:CATY)
The dividend Ex-Date is in 7 days
$39.86
-0.49[-1.21%]
At close: Feb 20
$39.86
0[0.00%]
After Hours: 4:00PM EDT
Open39.720Close39.860
Vol / Avg.441.860K / 301.466KMkt Cap2.897B
Day Range39.660 - 40.34052 Wk Range27.240 - 45.720

Cathay General Stock (NASDAQ:CATY), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Hold

Highest Price Target1

$45.00

Lowest Price Target1

$31.00

Consensus Price Target1

$39.00

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
10310

Analyst Firms Making Recommendations1

  • Piper Sandler
  • Wedbush
  • Truist Securities
  • DA Davidson
  • Keefe, Bruyette & Woods

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
11/06/2023CATYBuy Now
Cathay General
$39.86-22.23%Piper Sandler
Matthew Clark
→ $31DowngradeNeutral → UnderweightGet Alert
10/24/2023CATYBuy Now
Cathay General
$39.86-22.23%Piper Sandler
Matthew Clark
$32 → $31MaintainsNeutralGet Alert
10/24/2023CATYBuy Now
Cathay General
$39.860.35%Wedbush
David Chiaverini
$42 → $40MaintainsOutperformGet Alert
09/27/2023CATYBuy Now
Cathay General
$39.86-4.67%Truist Securities
Brandon King
$40 → $38MaintainsHoldGet Alert
07/25/2023CATYBuy Now
Cathay General
$39.8612.9%Wedbush
David Chiaverini
$40 → $45MaintainsOutperformGet Alert
07/25/2023CATYBuy Now
Cathay General
$39.862.86%DA Davidson
Gary Tenner
$34 → $41MaintainsNeutralGet Alert
07/25/2023CATYBuy Now
Cathay General
$39.86-2.16%Keefe, Bruyette & Woods
Christopher Mcgratty
$37 → $39MaintainsMarket PerformGet Alert
06/29/2023CATYBuy Now
Cathay General
$39.86-14.7%Truist Securities
Brandon King
$36 → $34MaintainsHoldGet Alert
04/24/2023CATYBuy Now
Cathay General
$39.86-9.68%Truist Securities
Brandon King
$39 → $36MaintainsHoldGet Alert
04/21/2023CATYBuy Now
Cathay General
$39.860.35%Wedbush
David Chiaverini
$42 → $40MaintainsOutperformGet Alert
04/06/2023CATYBuy Now
Cathay General
$39.860.35%Keefe, Bruyette & Woods
Christopher Mcgratty
$50 → $40MaintainsMarket PerformGet Alert
03/23/2023CATYBuy Now
Cathay General
$39.86-2.16%Truist Securities
Jennifer Demba
$46 → $39MaintainsHoldGet Alert
01/26/2023CATYBuy Now
Cathay General
$39.8615.4%Piper Sandler
Matthew Clark
$47 → $46MaintainsNeutralGet Alert
07/14/2022CATYBuy Now
Cathay General
$39.8612.9%Stephens & Co.
Andrew Terrell
→ $45Initiates → Equal-WeightGet Alert
06/13/2022CATYBuy Now
Cathay General
$39.867.88%Truist Securities
Jennifer Demba
$46 → $43MaintainsHoldGet Alert
Q

What is the target price for Cathay General (CATY)?

A

The latest price target for Cathay General (NASDAQ: CATY) was reported by Piper Sandler on November 6, 2023. The analyst firm set a price target for $31.00 expecting CATY to fall to within 12 months (a possible -22.23% downside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cathay General (CATY)?

A

The latest analyst rating for Cathay General (NASDAQ: CATY) was provided by Piper Sandler, and Cathay General downgraded their underweight rating.

Q

When is the next analyst rating going to be posted or updated for Cathay General (CATY)?

A

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 November 6, 2023 so you should expect the next rating to be made available sometime around November 6, 2024.

Q

Is the Analyst Rating Cathay General (CATY) correct?

A

While ratings are subjective and will change, the latest Cathay General (CATY) rating was a downgraded with a price target of $0.00 to $31.00. The current price Cathay General (CATY) is trading at is $39.86, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.