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Sandy Spring Bancorp Inc has a consensus price target of $33 based on the ratings of 7 analysts. The high is $61 issued by DA Davidson on March 22, 2022. The low is $22 issued by Piper Sandler on October 30, 2023. The 3 most-recent analyst ratings were released by DA Davidson, Keefe, Bruyette & Woods, and Stephens & Co. on July 25, 2024, July 25, 2024, and April 24, 2024, respectively. With an average price target of $29.33 between DA Davidson, Keefe, Bruyette & Woods, and Stephens & Co., there's an implied -22.05% downside for Sandy Spring Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sandy Spring Bancorp (NASDAQ:SASR) was reported by DA Davidson on July 25, 2024. The analyst firm set a price target for $33.00 expecting SASR to fall to within 12 months (a possible -12.30% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Sandy Spring Bancorp (NASDAQ:SASR) was provided by DA Davidson, and Sandy Spring Bancorp maintained their neutral rating.
There is no last upgrade for Sandy Spring Bancorp
The last downgrade for Sandy Spring Bancorp Inc happened on October 2, 2023 when DA Davidson changed their price target from $28 to $22 for Sandy Spring Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sandy Spring 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 Sandy Spring Bancorp was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.
While ratings are subjective and will change, the latest Sandy Spring Bancorp (SASR) rating was a maintained with a price target of $23.00 to $33.00. The current price Sandy Spring Bancorp (SASR) is trading at is $37.63, which is out of the analyst’s predicted range.
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