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Cathay General

CATYNASDAQ
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$52.81
1.32.52%
At close: -
$52.01
-0.8-1.51%
After Hours: Nov 22, 4:56 PM EDT
The dividend Ex-Date is in 3 days
Consensus Rating1
Hold
Highest Price Target1
$52.00
Lowest Price Target1
$36.00
Consensus Price Target1
$43.00

Cathay General (NASDAQ:CATY) Stock, Analyst Ratings, Price Targets, Forecasts

Cathay General Bancorp has a consensus price target of $43 based on the ratings of 7 analysts. The high is $52 issued by Wedbush on October 23, 2024. The low is $36 issued by Piper Sandler on July 23, 2024. The 3 most-recent analyst ratings were released by Wedbush, Truist Securities, and Truist Securities on October 23, 2024, September 20, 2024, and July 24, 2024, respectively. With an average price target of $48 between Wedbush, Truist Securities, and Truist Securities, there's an implied -7.71% downside for Cathay General Bancorp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Jul
0
0
0
0
Sep
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
Truist Securities
Piper Sandler
Keefe, Bruyette & Woods
DA Davidson

1calculated from analyst ratings

Analyst Ratings for Cathay General

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Cathay General (CATY) stock?

A

The latest price target for Cathay General (NASDAQ:CATY) was reported by Wedbush on October 23, 2024. The analyst firm set a price target for $52.00 expecting CATY to fall to within 12 months (a possible -0.02% downside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cathay General (CATY)?

A

The latest analyst rating for Cathay General (NASDAQ:CATY) was provided by Wedbush, and Cathay General maintained their outperform rating.

Q

When was the last upgrade for Cathay General (CATY)?

A

There is no last upgrade for Cathay General

Q

When was the last downgrade for Cathay General (CATY)?

A

The last downgrade for Cathay General Bancorp happened on November 6, 2023 when Piper Sandler changed their price target from N/A to $31 for Cathay General Bancorp.

Q

When is the next analyst rating going to be posted or updated for Cathay General (CATY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cathay General, 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 Cathay General was filed on October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.

Q

Is the Analyst Rating Cathay General (CATY) correct?

A

While ratings are subjective and will change, the latest Cathay General (CATY) rating was a maintained with a price target of $50.00 to $52.00. The current price Cathay General (CATY) is trading at is $52.01, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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