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Horizon Bancorp

HBNCNASDAQ
Logo brought to you by Benzinga Data
$16.02
-0.34-2.08%
At close: -
$16.02
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
The most recent conference call was at 8:30 AM, 7 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$18.00
Lowest Price Target1
$12.00
Consensus Price Target1
$16.00

Horizon Bancorp (NASDAQ:HBNC) Stock, Analyst Ratings, Price Targets, Forecasts

Horizon Bancorp (IN) has a consensus price target of $16 based on the ratings of 5 analysts. The high is $18 issued by Hovde Group on September 30, 2024. The low is $12 issued by Stephens & Co. on December 13, 2023. The 3 most-recent analyst ratings were released by Hovde Group, Keefe, Bruyette & Woods, and Piper Sandler on September 30, 2024, July 29, 2024, and July 29, 2024, respectively. With an average price target of $17.33 between Hovde Group, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 8.20% upside for Horizon Bancorp (IN) from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings

Analyst Ratings for Horizon Bancorp

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Horizon Bancorp (HBNC) stock?

A

The latest price target for Horizon Bancorp (NASDAQ:HBNC) was reported by Hovde Group on September 30, 2024. The analyst firm set a price target for $18.00 expecting HBNC to rise to within 12 months (a possible 12.36% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Horizon Bancorp (HBNC)?

A

The latest analyst rating for Horizon Bancorp (NASDAQ:HBNC) was provided by Hovde Group, and Horizon Bancorp initiated their outperform rating.

Q

When was the last upgrade for Horizon Bancorp (HBNC)?

A

There is no last upgrade for Horizon Bancorp

Q

When was the last downgrade for Horizon Bancorp (HBNC)?

A

The last downgrade for Horizon Bancorp (IN) happened on July 6, 2023 when Raymond James changed their price target from N/A to N/A for Horizon Bancorp (IN).

Q

When is the next analyst rating going to be posted or updated for Horizon Bancorp (HBNC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Horizon Bancorp, 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 Horizon Bancorp was filed on September 30, 2024 so you should expect the next rating to be made available sometime around September 30, 2025.

Q

Is the Analyst Rating Horizon Bancorp (HBNC) correct?

A

While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a initiated with a price target of $0.00 to $18.00. The current price Horizon Bancorp (HBNC) is trading at is $16.02, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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