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Cadence Bank has a consensus price target of $36.54 based on the ratings of 13 analysts. The high is $45 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $29 issued by Jefferies on July 3, 2024. The 3 most-recent analyst ratings were released by Barclays, Barclays, and Keefe, Bruyette & Woods on December 19, 2024, December 5, 2024, and December 4, 2024, respectively. With an average price target of $43.33 between Barclays, Barclays, and Keefe, Bruyette & Woods, there's an implied 27.11% upside for Cadence Bank from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cadence Bank (NYSE:CADE) was reported by Barclays on December 19, 2024. The analyst firm set a price target for $44.00 expecting CADE to rise to within 12 months (a possible 29.07% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for Cadence Bank (NYSE:CADE) was provided by Barclays, and Cadence Bank upgraded their overweight rating.
The last upgrade for Cadence Bank happened on December 19, 2024 when Barclays raised their price target to $44. Barclays previously had an equal-weight for Cadence Bank.
The last downgrade for Cadence Bank happened on July 24, 2024 when Piper Sandler changed their price target from $33 to $34 for Cadence Bank.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cadence 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 Cadence Bank was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Cadence Bank (CADE) rating was a upgraded with a price target of $41.00 to $44.00. The current price Cadence Bank (CADE) is trading at is $34.09, which is out of the analyst’s predicted range.
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