South Atlantic Bancshares Inc has a consensus price target of $15 based on the ratings of 3 analysts. The high is $15 issued by Stephens & Co. on July 26, 2023. The low is $15 issued by Stephens & Co. on July 26, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Janney Montgomery Scott on July 26, 2023, May 4, 2023, and November 10, 2022, respectively. With an average price target of $15.33 between Stephens & Co., Stephens & Co., and Janney Montgomery Scott, there's an implied 9.68% upside for South Atlantic Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/26/2023 | Buy Now | 7.3% | Stephens & Co. | Thomas Wendler | → $15 | Reiterates | Overweight → Overweight | Get Alert |
05/04/2023 | Buy Now | 7.3% | Stephens & Co. | Thomas Wendler | $16 → $15 | Maintains | Overweight | Get Alert |
05/01/2023 | Buy Now | — | Janney Montgomery Scott | John Rodis | — | Downgrade | Buy → Neutral | Get Alert |
11/10/2022 | Buy Now | 14.45% | Janney Montgomery Scott | John Rodis | → $16 | Upgrade | Neutral → Buy | Get Alert |
01/24/2022 | Buy Now | — | Stephens & Co. | Brody Preston | — | Upgrade | Equal-Weight → Overweight | Get Alert |
08/17/2021 | Buy Now | 14.45% | Janney Montgomery Scott | John Rodis | — | Initiates | → Neutral | Get Alert |
07/27/2021 | Buy Now | 18.03% | Stephens & Co. | Brody Preston | — | Maintains | Equal-Weight | Get Alert |
The latest price target for South Atlantic Bancshares (OTCQX:SABK) was reported by Stephens & Co. on July 26, 2023. The analyst firm set a price target for $15.00 expecting SABK to rise to within 12 months (a possible 7.30% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for South Atlantic Bancshares (OTCQX:SABK) was provided by Stephens & Co., and South Atlantic Bancshares reiterated their overweight rating.
The last upgrade for South Atlantic Bancshares Inc happened on November 10, 2022 when Janney Montgomery Scott raised their price target to $16. Janney Montgomery Scott previously had a neutral for South Atlantic Bancshares Inc.
The last downgrade for South Atlantic Bancshares Inc happened on May 1, 2023 when Janney Montgomery Scott changed their price target from N/A to N/A for South Atlantic Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of South Atlantic 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 South Atlantic Bancshares was filed on July 26, 2023 so you should expect the next rating to be made available sometime around July 26, 2024.
While ratings are subjective and will change, the latest South Atlantic Bancshares (SABK) rating was a reiterated with a price target of $0.00 to $15.00. The current price South Atlantic Bancshares (SABK) is trading at is $13.98, which is within the analyst’s predicted range.
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