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Shore Bancshares

SHBINASDAQ
Logo brought to you by Benzinga Data
$14.40
0.10.70%
Last update: 9:45 AM
15 minutes delayed
Consensus Rating1
Market Perform
Highest Price Target1
$22.00
Lowest Price Target1
$15.00
Consensus Price Target1
$17.67

Shore Bancshares (NASDAQ:SHBI) Stock, Analyst Ratings, Price Targets, Forecasts

Shore Bancshares Inc has a consensus price target of $17.67 based on the ratings of 4 analysts. The high is $22 issued by Keefe, Bruyette & Woods on December 13, 2022. The low is $15 issued by Keefe, Bruyette & Woods on July 26, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Piper Sandler on July 26, 2024, May 3, 2024, and July 11, 2023, respectively. With an average price target of $14.67 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 2.56% upside for Shore Bancshares Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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1.5
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Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Piper Sandler
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Shore Bancshares

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FAQ

Q

What is the target price for Shore Bancshares (SHBI) stock?

A

The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Janney Montgomery Scott on July 30, 2024. The analyst firm set a price target for $0.00 expecting SHBI to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Shore Bancshares (SHBI)?

A

The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Janney Montgomery Scott, and Shore Bancshares downgraded their neutral rating.

Q

When was the last upgrade for Shore Bancshares (SHBI)?

A

The last upgrade for Shore Bancshares Inc happened on August 15, 2023 when Janney Montgomery Scott raised their price target to N/A. Janney Montgomery Scott previously had a neutral for Shore Bancshares Inc.

Q

When was the last downgrade for Shore Bancshares (SHBI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Shore Bancshares (SHBI)?

A

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 July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.

Q

Is the Analyst Rating Shore Bancshares (SHBI) correct?

A

While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a downgraded with a price target of $0.00 to $0.00. The current price Shore Bancshares (SHBI) is trading at is $14.40, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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