Republic Bancorp Inc has a consensus price target of $51 based on the ratings of 1 analysts. The high is $51 issued by Piper Sandler on January 12, 2023. The low is $51 issued by Piper Sandler on January 12, 2023. The 3 most-recent analyst ratings were released by Piper Sandler on January 12, 2023, July 25, 2022, and March 14, 2022, respectively. With an average price target of $50.67 between Piper Sandler, there's an implied -32.30% downside for Republic Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Republic Bancorp (NASDAQ:RBCAA) was reported by Piper Sandler on January 12, 2023. The analyst firm set a price target for $51.00 expecting RBCAA to fall to within 12 months (a possible -31.85% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Republic Bancorp (NASDAQ:RBCAA) was provided by Piper Sandler, and Republic Bancorp upgraded their overweight rating.
The last upgrade for Republic Bancorp Inc happened on January 12, 2023 when Piper Sandler raised their price target to $51. Piper Sandler previously had a neutral for Republic Bancorp Inc.
The last downgrade for Republic Bancorp Inc happened on July 25, 2022 when Piper Sandler changed their price target from $53.5 to $50 for Republic Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Republic 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 Republic Bancorp was filed on January 12, 2023 so you should expect the next rating to be made available sometime around January 12, 2024.
While ratings are subjective and will change, the latest Republic Bancorp (RBCAA) rating was a upgraded with a price target of $47.00 to $51.00. The current price Republic Bancorp (RBCAA) is trading at is $74.84, which is out of the analyst’s predicted range.
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