Chemung Financial Corp has a consensus price target of $49 based on the ratings of 1 analysts. The high is $49 issued by Keefe, Bruyette & Woods on April 22, 2024. The low is $49 issued by Keefe, Bruyette & Woods on April 22, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods on April 22, 2024, April 6, 2023, and January 31, 2023, respectively. With an average price target of $50 between Keefe, Bruyette & Woods, there's an implied -2.72% downside for Chemung Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chemung Financial (NASDAQ:CHMG) was reported by Keefe, Bruyette & Woods on April 22, 2024. The analyst firm set a price target for $49.00 expecting CHMG to fall to within 12 months (a possible -4.67% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Chemung Financial (NASDAQ:CHMG) was provided by Keefe, Bruyette & Woods, and Chemung Financial maintained their market perform rating.
There is no last upgrade for Chemung Financial
There is no last downgrade for Chemung Financial.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chemung Financial, 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 Chemung Financial was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
While ratings are subjective and will change, the latest Chemung Financial (CHMG) rating was a maintained with a price target of $51.00 to $49.00. The current price Chemung Financial (CHMG) is trading at is $51.40, which is out of the analyst’s predicted range.
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