Shore Bancshares Inc has a consensus price target of $18.38 based on the ratings of 5 analysts. The high is $20 issued by Keefe, Bruyette & Woods on February 2, 2026. The low is $16 issued by Piper Sandler on July 11, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Hovde Group, and Piper Sandler on February 2, 2026, November 19, 2025, and November 14, 2025, respectively. With an average price target of $19.17 between Keefe, Bruyette & Woods, Hovde Group, and Piper Sandler, there's an implied -3.15% downside for Shore Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 02/02/2026 | Buy Now | 1.06% | Keefe, Bruyette & Woods | $18 → $20 | Maintains | Outperform | Get Alert |
| 11/19/2025 | Buy Now | -3.99% | Hovde Group | → $19 | Initiates | → Outperform | Get Alert |
| 11/14/2025 | Buy Now | -6.52% | Piper Sandler | $18 → $18.5 | Maintains | Overweight | Get Alert |
| 12/04/2024 | Buy Now | 1.06% | Keefe, Bruyette & Woods | $16 → $20 | Upgrade | Market Perform → Outperform | Get Alert |
| 07/30/2024 | Buy Now | — | Janney Montgomery Scott | — | Downgrade | Buy → Neutral | Get Alert |
| 07/26/2024 | Buy Now | -24.2% | Keefe, Bruyette & Woods | $13 → $15 | Maintains | Market Perform | Get Alert |
| 05/03/2024 | Buy Now | -34.31% | Keefe, Bruyette & Woods | $14 → $13 | Maintains | Market Perform | Get Alert |
| 08/15/2023 | Buy Now | — | Janney Montgomery Scott | — | Upgrade | Neutral → Buy | Get Alert |
| 07/11/2023 | Buy Now | -19.15% | Piper Sandler | $22 → $16 | Maintains | Overweight | Get Alert |
| 05/23/2023 | Buy Now | -29.26% | Keefe, Bruyette & Woods | $16 → $14 | Maintains | Market Perform | Get Alert |
| 04/06/2023 | Buy Now | -19.15% | Keefe, Bruyette & Woods | $18 → $16 | Maintains | Market Perform | Get Alert |
| 03/03/2023 | Buy Now | -9.04% | Keefe, Bruyette & Woods | $22 → $18 | Maintains | Market Perform | Get Alert |
The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Keefe, Bruyette & Woods on February 2, 2026. The analyst firm set a price target for $20.00 expecting SHBI to rise to within 12 months (a possible 1.06% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Keefe, Bruyette & Woods, and Shore Bancshares maintained their outperform rating.
The last upgrade for Shore Bancshares Inc happened on December 4, 2024 when Keefe, Bruyette & Woods raised their price target to $20. Keefe, Bruyette & Woods previously had a market perform for Shore Bancshares Inc.
The last downgrade for Shore Bancshares Inc happened on July 30, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for Shore Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shore Bancshares, 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 Shore Bancshares was filed on February 2, 2026 so you should expect the next rating to be made available sometime around February 2, 2027.
While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a maintained with a price target of $18.00 to $20.00. The current price Shore Bancshares (SHBI) is trading at is $19.79, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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