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Horizon Bancorp (IN) has a consensus price target of $16.75 based on the ratings of 5 analysts. The high is $19 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $12 issued by Stephens & Co. on December 13, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Hovde Group, and Keefe, Bruyette & Woods on December 4, 2024, September 30, 2024, and July 29, 2024, respectively. With an average price target of $17.67 between Keefe, Bruyette & Woods, Hovde Group, and Keefe, Bruyette & Woods, there's an implied 7.20% upside for Horizon Bancorp (IN) from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Horizon Bancorp (NASDAQ:HBNC) was reported by Keefe, Bruyette & Woods on December 4, 2024. The analyst firm set a price target for $19.00 expecting HBNC to rise to within 12 months (a possible 15.29% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Horizon Bancorp (NASDAQ:HBNC) was provided by Keefe, Bruyette & Woods, and Horizon Bancorp maintained their market perform rating.
There is no last upgrade for Horizon Bancorp
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).
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 December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a maintained with a price target of $17.00 to $19.00. The current price Horizon Bancorp (HBNC) is trading at is $16.48, which is out of the analyst’s predicted range.
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