Red River Bancshares Inc has a consensus price target of $55 based on the ratings of 1 analysts. The high is $55 issued by Stephens & Co. on October 31, 2023. The low is $55 issued by Stephens & Co. on October 31, 2023. The 2 most-recent analyst ratings were released by Stephens & Co. on October 31, 2023 and August 1, 2022, respectively. With an average price target of $61.5 between Stephens & Co., there's an implied 5.58% upside for Red River Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Red River Bancshares (NASDAQ:RRBI) was reported by Stephens & Co. on October 31, 2023. The analyst firm set a price target for $55.00 expecting RRBI to fall to within 12 months (a possible -5.58% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Red River Bancshares (NASDAQ:RRBI) was provided by Stephens & Co., and Red River Bancshares maintained their overweight rating.
There is no last upgrade for Red River Bancshares
There is no last downgrade for Red River Bancshares.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red River Bancshares, 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 Red River Bancshares was filed on October 31, 2023 so you should expect the next rating to be made available sometime around October 31, 2024.
While ratings are subjective and will change, the latest Red River Bancshares (RRBI) rating was a maintained with a price target of $58.00 to $55.00. The current price Red River Bancshares (RRBI) is trading at is $58.25, which is out of the analyst’s predicted range.
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