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NBT Bancorp Inc has a consensus price target of $42.5 based on the ratings of 6 analysts. The high is $49 issued by Stephens & Co. on September 10, 2024. The low is $39 issued by Keefe, Bruyette & Woods on April 24, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Keefe, Bruyette & Woods on September 10, 2024, July 23, 2024, and April 24, 2024, respectively. With an average price target of $43.33 between Stephens & Co., Stephens & Co., and Keefe, Bruyette & Woods, there's an implied -12.69% downside for NBT Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NBT Bancorp (NASDAQ:NBTB) was reported by Stephens & Co. on September 10, 2024. The analyst firm set a price target for $49.00 expecting NBTB to fall to within 12 months (a possible -1.27% downside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for NBT Bancorp (NASDAQ:NBTB) was provided by Stephens & Co., and NBT Bancorp reiterated their equal-weight rating.
The last upgrade for NBT Bancorp Inc happened on March 21, 2024 when Janney Montgomery Scott raised their price target to $39. Janney Montgomery Scott previously had a neutral for NBT Bancorp Inc.
The last downgrade for NBT Bancorp Inc happened on June 6, 2023 when Raymond James changed their price target from $47 to $38 for NBT Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NBT 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 NBT Bancorp was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest NBT Bancorp (NBTB) rating was a reiterated with a price target of $49.00 to $49.00. The current price NBT Bancorp (NBTB) is trading at is $49.63, which is out of the analyst’s predicted range.
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