$26.92
0[0.00%]
At close: Apr 26
$26.92
0[0.00%]
PreMarket: 4:20PM EDT
Towne Bank
(NASDAQ:TOWN)Towne Bank Stock (NASDAQ:TOWN), Analyst Ratings, Price Targets, Predictions
Towne Bank has a consensus price target of $27, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Stephens & Co., and Hovde Group on January 5, 2024, September 13, 2023, and August 11, 2023. With an average price target of $27.33 between Raymond James, Stephens & Co., and Hovde Group, there's an implied 1.54% upside for Towne Bank from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Stephens & Co.
Hovde Group
Keefe, Bruyette & Woods
Piper Sandler
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Towne Bank
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01/05/2024 | TOWN | Buy Now | Towne Bank | $26.92 | 18.87% | Raymond James | Steve Moss | $28 → $32 | Maintains | Outperform | Get Alert |
| 09/13/2023 | TOWN | Buy Now | Towne Bank | $26.92 | -14.56% | Stephens & Co. | Russell Gunther | → $23 | Initiates | → Equal-Weight | Get Alert |
| 08/11/2023 | TOWN | Buy Now | Towne Bank | $26.92 | 0.3% | Hovde Group | David Bishop | → $27 | Initiates | → Market Perform | Get Alert |
| 05/08/2023 | TOWN | Buy Now | Towne Bank | $26.92 | -7.13% | Keefe, Bruyette & Woods | Catherine Mealor | $28 → $25 | Maintains | Market Perform | Get Alert |
| 05/03/2023 | TOWN | Buy Now | Towne Bank | $26.92 | 4.01% | Raymond James | Steve Moss | $34 → $28 | Maintains | Outperform | Get Alert |
| 05/01/2023 | TOWN | Buy Now | Towne Bank | $26.92 | 4.01% | Piper Sandler | Casey Orr Whitman | $31 → $28 | Maintains | Overweight | Get Alert |
| 04/06/2023 | TOWN | Buy Now | Towne Bank | $26.92 | 4.01% | Keefe, Bruyette & Woods | Catherine Mealor | $32 → $28 | Maintains | Market Perform | Get Alert |
FAQ
What is the target price for Towne Bank (TOWN)?
The latest price target for Towne Bank (NASDAQ: TOWN) was reported by Raymond James on January 5, 2024. The analyst firm set a price target for $32.00 expecting TOWN to rise to within 12 months (a possible 18.87% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Towne Bank (TOWN)?
The latest analyst rating for Towne Bank (NASDAQ: TOWN) was provided by Raymond James, and Towne Bank maintained their outperform rating.
When was the last upgrade for Towne Bank (TOWN)?
There is no last upgrade for Towne Bank.
When was the last downgrade for Towne Bank (TOWN)?
There is no last downgrade for Towne Bank.
When is the next analyst rating going to be posted or updated for Towne Bank (TOWN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Towne Bank, 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 Towne Bank was filed on January 5, 2024 so you should expect the next rating to be made available sometime around January 5, 2025.
Is the Analyst Rating Towne Bank (TOWN) correct?
While ratings are subjective and will change, the latest Towne Bank (TOWN) rating was a maintained with a price target of $28.00 to $32.00. The current price Towne Bank (TOWN) is trading at is $26.92, which is out of the analyst’s predicted range.
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