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Cadence Bank

CADENYSE
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$32.77
1.484.73%
At Close: -
$32.77
00.00%
After Hours: Aug 23, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$39.00
Lowest Price Target1
$29.00
Consensus Price Target1
$34.08

Cadence Bank (NYSE:CADE) Stock, Analyst Ratings, Price Targets, Forecasts

Cadence Bank has a consensus price target of $34.08 based on the ratings of 13 analysts. The high is $39 issued by DA Davidson on July 24, 2024. The low is $29 issued by Jefferies on July 3, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, RBC Capital, and Barclays on August 5, 2024, July 24, 2024, and July 24, 2024, respectively. With an average price target of $34.67 between Morgan Stanley, RBC Capital, and Barclays, there's an implied 5.79% upside for Cadence Bank from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
2
1
Apr
1
Jun
1
2
Jul
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
RBC Capital
Barclays
DA Davidson
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Cadence Bank

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Cadence Bank (CADE) stock?

A

The latest price target for Cadence Bank (NYSE:CADE) was reported by Morgan Stanley on August 5, 2024. The analyst firm set a price target for $36.00 expecting CADE to rise to within 12 months (a possible 9.86% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cadence Bank (CADE)?

A

The latest analyst rating for Cadence Bank (NYSE:CADE) was provided by Morgan Stanley, and Cadence Bank maintained their equal-weight rating.

Q

When was the last upgrade for Cadence Bank (CADE)?

A

The last upgrade for Cadence Bank happened on December 9, 2021 when Janney Montgomery Scott raised their price target to $35. Janney Montgomery Scott previously had a neutral for Cadence Bank.

Q

When was the last downgrade for Cadence Bank (CADE)?

A

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.

Q

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

A

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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

Q

Is the Analyst Rating Cadence Bank (CADE) correct?

A

While ratings are subjective and will change, the latest Cadence Bank (CADE) rating was a maintained with a price target of $30.00 to $36.00. The current price Cadence Bank (CADE) is trading at is $32.77, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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