$11.54
-0.01[-0.09%]
At close: Apr 24
$11.54
0[0.00%]
After Hours: 4:02PM EDT
Carter Bankshares
(NASDAQ:CARE)Carter Bankshares Stock (NASDAQ:CARE), Analyst Ratings, Price Targets, Predictions
Carter Bankshares Inc has a consensus price target of $17.63, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Raymond James, and Piper Sandler on May 1, 2023, April 6, 2023, and December 5, 2022. With an average price target of $12 between Raymond James, Raymond James, and Piper Sandler, there's an implied 3.99% upside for Carter Bankshares Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Piper Sandler
DA Davidson
Raymond James
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Carter Bankshares
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 05/01/2023 | CARE | Buy Now | Carter Bankshares | $11.54 | 47.31% | Raymond James | Steve Moss | → $17 | Upgrade | Market Perform → Outperform | Get Alert |
| 04/06/2023 | CARE | Buy Now | Carter Bankshares | $11.54 | — | Raymond James | Steve Moss | — | Reinstates | → Market Perform | Get Alert |
| 12/05/2022 | CARE | Buy Now | Carter Bankshares | $11.54 | 64.64% | Piper Sandler | Casey Orr Whitman | → $19 | Reinstates | → Neutral | Get Alert |
| 10/06/2022 | CARE | Buy Now | Carter Bankshares | $11.54 | 60.31% | DA Davidson | Kevin Fitzsimmons | $17.5 → $18.5 | Downgrade | Buy → Neutral | Get Alert |
| 07/07/2022 | CARE | Buy Now | Carter Bankshares | $11.54 | 38.65% | Raymond James | William Wallace | → $16 | Upgrade | Market Perform → Outperform | Get Alert |
| 01/21/2022 | CARE | Buy Now | Carter Bankshares | $11.54 | 47.31% | Piper Sandler | Casey Orr Whitman | → $17 | Initiates | → Neutral | Get Alert |
| 07/08/2021 | CARE | Buy Now | Carter Bankshares | $11.54 | — | Raymond James | William Wallace | — | Downgrade | Outperform → Market Perform | Get Alert |
FAQ
What is the target price for Carter Bankshares (CARE)?
The latest price target for Carter Bankshares (NASDAQ: CARE) was reported by Raymond James on May 1, 2023. The analyst firm set a price target for $17.00 expecting CARE to rise to within 12 months (a possible 47.31% upside). 1 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 Raymond James, and Carter Bankshares upgraded 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 May 1, 2023 so you should expect the next rating to be made available sometime around May 1, 2024.
Is the Analyst Rating Carter Bankshares (CARE) correct?
While ratings are subjective and will change, the latest Carter Bankshares (CARE) rating was a upgraded with a price target of $0.00 to $17.00. The current price Carter Bankshares (CARE) is trading at is $11.54, which is within the analyst’s predicted range.
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