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MetroCity Bankshares Inc has a consensus price target of $36 based on the ratings of 1 analysts. The high is $36 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $36 issued by Keefe, Bruyette & Woods on December 4, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods on December 4, 2024, October 22, 2024, and July 23, 2024, respectively. With an average price target of $34 between Keefe, Bruyette & Woods, there's an implied 4.79% upside for MetroCity Bankshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MetroCity Bankshares (NASDAQ:MCBS) was reported by Keefe, Bruyette & Woods on December 4, 2024. The analyst firm set a price target for $36.00 expecting MCBS to rise to within 12 months (a possible 10.96% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for MetroCity Bankshares (NASDAQ:MCBS) was provided by Keefe, Bruyette & Woods, and MetroCity Bankshares maintained their market perform rating.
There is no last upgrade for MetroCity Bankshares
There is no last downgrade for MetroCity Bankshares.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MetroCity Bankshares, 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 MetroCity Bankshares 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 MetroCity Bankshares (MCBS) rating was a maintained with a price target of $34.00 to $36.00. The current price MetroCity Bankshares (MCBS) is trading at is $32.45, which is out of the analyst’s predicted range.
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