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Heritage Commerce Corp has a consensus price target of $11.6 based on the ratings of 5 analysts. The high is $13.5 issued by DA Davidson on December 15, 2021. The low is $10 issued by Stephens & Co. on August 11, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler on July 26, 2024, July 26, 2024, and April 26, 2024, respectively. With an average price target of $11.17 between Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 2.35% upside for Heritage Commerce Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Heritage Commerce (NASDAQ:HTBK) was reported by Piper Sandler on July 26, 2024. The analyst firm set a price target for $12.00 expecting HTBK to rise to within 12 months (a possible 9.99% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Heritage Commerce (NASDAQ:HTBK) was provided by Piper Sandler, and Heritage Commerce maintained their overweight rating.
The last upgrade for Heritage Commerce Corp happened on July 7, 2022 when Raymond James raised their price target to $13. Raymond James previously had an outperform for Heritage Commerce Corp.
The last downgrade for Heritage Commerce Corp happened on August 11, 2023 when Stephens & Co. changed their price target from N/A to $10 for Heritage Commerce Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Heritage Commerce, 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 Heritage Commerce was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest Heritage Commerce (HTBK) rating was a maintained with a price target of $10.00 to $12.00. The current price Heritage Commerce (HTBK) is trading at is $10.91, which is within the analyst’s predicted range.
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