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Lakeland Financial Corp has a consensus price target of $71 based on the ratings of 3 analysts. The high is $78 issued by Raymond James on January 26, 2024. The low is $65 issued by Keefe, Bruyette & Woods on July 29, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Stephens & Co., and Raymond James on July 29, 2024, January 26, 2024, and January 26, 2024, respectively. With an average price target of $71 between Keefe, Bruyette & Woods, Stephens & Co., and Raymond James, there's an implied 3.08% upside for Lakeland Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lakeland Financial (NASDAQ:LKFN) was reported by Keefe, Bruyette & Woods on July 29, 2024. The analyst firm set a price target for $65.00 expecting LKFN to fall to within 12 months (a possible -5.63% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Lakeland Financial (NASDAQ:LKFN) was provided by Keefe, Bruyette & Woods, and Lakeland Financial maintained their market perform rating.
The last upgrade for Lakeland Financial Corp happened on February 21, 2023 when Raymond James raised their price target to $78. Raymond James previously had a market perform for Lakeland Financial Corp.
There is no last downgrade for Lakeland Financial.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lakeland 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 Lakeland Financial was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.
While ratings are subjective and will change, the latest Lakeland Financial (LKFN) rating was a maintained with a price target of $64.00 to $65.00. The current price Lakeland Financial (LKFN) is trading at is $68.88, which is out of the analyst’s predicted range.
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