Comments
Loading...

Towne Bank

TOWNNASDAQ
Logo brought to you by Benzinga Data
$33.88
-0.19-0.56%
At Close: -
$33.88
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Market Perform
Highest Price Target1
$35.00
Lowest Price Target1
$23.00
Consensus Price Target1
$29.00

Towne Bank (NASDAQ:TOWN) Stock, Analyst Ratings, Price Targets, Forecasts

Towne Bank has a consensus price target of $29 based on the ratings of 5 analysts. The high is $35 issued by Keefe, Bruyette & Woods on July 29, 2024. The low is $23 issued by Stephens & Co. on September 13, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Raymond James, and Stephens & Co. on July 29, 2024, January 5, 2024, and September 13, 2023, respectively. With an average price target of $30 between Keefe, Bruyette & Woods, Raymond James, and Stephens & Co., there's an implied -11.45% downside for Towne Bank from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.8
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Raymond James
Stephens & Co.
Hovde Group
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Towne Bank

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Towne Bank (TOWN) stock?

A

The latest price target for Towne Bank (NASDAQ:TOWN) was reported by Keefe, Bruyette & Woods on July 29, 2024. The analyst firm set a price target for $35.00 expecting TOWN to rise to within 12 months (a possible 3.31% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Towne Bank (TOWN)?

A

The latest analyst rating for Towne Bank (NASDAQ:TOWN) was provided by Keefe, Bruyette & Woods, and Towne Bank maintained their market perform rating.

Q

When was the last upgrade for Towne Bank (TOWN)?

A

There is no last upgrade for Towne Bank

Q

When was the last downgrade for Towne Bank (TOWN)?

A

There is no last downgrade for Towne Bank.

Q

When is the next analyst rating going to be posted or updated for Towne Bank (TOWN)?

A

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

Q

Is the Analyst Rating Towne Bank (TOWN) correct?

A

While ratings are subjective and will change, the latest Towne Bank (TOWN) rating was a maintained with a price target of $30.00 to $35.00. The current price Towne Bank (TOWN) is trading at is $33.88, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch