The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Janney Montgomery Scott on July 30, 2024. The analyst firm set a price target for $0.00 expecting SHBI to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Janney Montgomery Scott, and Shore Bancshares downgraded their neutral rating.

The last upgrade for Shore Bancshares Inc happened on August 15, 2023 when Janney Montgomery Scott raised their price target to N/A. Janney Montgomery Scott previously had a neutral for Shore Bancshares Inc.

The last downgrade for Shore Bancshares Inc happened on July 30, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for Shore Bancshares Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shore 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 Shore Bancshares was filed on July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.

While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a downgraded with a price target of $0.00 to $0.00. The current price Shore Bancshares (SHBI) is trading at is $16.42, which is out of the analyst’s predicted range.