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

The latest price target for Horizon Bancorp (NASDAQ: HBNC) was reported by Piper Sandler on April 29, 2024. The analyst firm set a price target for $13.00 expecting HBNC to rise to within 12 months (a possible 4.25% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Horizon Bancorp (NASDAQ: HBNC) was provided by Piper Sandler, and Horizon Bancorp maintained their neutral rating.

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).

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).

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 April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.

While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a maintained with a price target of $14.00 to $13.00. The current price Horizon Bancorp (HBNC) is trading at is $12.47, which is out of the analyst’s predicted range.