$11.33
-0.13-1.13%
At Close: -
$11.46
0.131.15%
After Hours: Jul 2, 4:00 PM EDT
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Shore Bancshares
SHBINASDAQ
Shore Bancshares (NASDAQ:SHBI) Stock, Analyst Ratings, Price Targets, Predictions
Shore Bancshares Inc has a consensus price target of $12.75, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Piper Sandler, and Keefe, Bruyette & Woods on May 3, 2024, July 11, 2023, and May 23, 2023. With an average price target of $14.33 between Keefe, Bruyette & Woods, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 25.07% upside for Shore Bancshares Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Keefe, Bruyette & Woods
Janney Montgomery Scott
Piper Sandler
Keefe, Bruyette & Woods
1calculated from analyst ratings
Analyst Ratings for Shore Bancshares
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | Buy Now | 13.44% | Keefe, Bruyette & Woods | Catherine Mealor | $14 → $13 | Maintains | Market Perform | Get Alert |
| 08/15/2023 | Buy Now | — | Janney Montgomery Scott | John Rodis | — | Upgrade | Neutral → Buy | Get Alert |
| 07/11/2023 | Buy Now | 39.62% | Piper Sandler | Casey Orr Whitman | $22 → $16 | Maintains | Overweight | Get Alert |
| 05/23/2023 | Buy Now | 22.16% | Keefe, Bruyette & Woods | Catherine Mealor | $16 → $14 | Maintains | Market Perform | Get Alert |
| 04/06/2023 | Buy Now | 39.62% | Keefe, Bruyette & Woods | Catherine Mealor | $18 → $16 | Maintains | Market Perform | Get Alert |
| 03/03/2023 | Buy Now | 57.07% | Keefe, Bruyette & Woods | Catherine Mealor | $22 → $18 | Maintains | Market Perform | Get Alert |
| 12/13/2022 | Buy Now | 91.97% | Keefe, Bruyette & Woods | Christopher Mcgratty | → $22 | Downgrade | Outperform → Market Perform | Get Alert |
| 12/05/2022 | Buy Now | 91.97% | Piper Sandler | Casey Orr Whitman | → $22 | Reinstates | → Overweight | Get Alert |
| 08/31/2022 | Buy Now | — | Janney Montgomery Scott | John Rodis | — | Initiates | → Neutral | Get Alert |
| 11/04/2021 | Buy Now | 91.97% | Piper Sandler | Casey Orr Whitman | — | Upgrade | Neutral → Overweight | Get Alert |
FAQ
What is the target price for Shore Bancshares (SHBI) stock?
The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Keefe, Bruyette & Woods on May 3, 2024. The analyst firm set a price target for $13.00 expecting SHBI to rise to within 12 months (a possible 13.44% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Shore Bancshares (SHBI)?
The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Keefe, Bruyette & Woods, and Shore Bancshares maintained their market perform rating.
When was the last upgrade for Shore Bancshares (SHBI)?
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.
When was the last downgrade for Shore Bancshares (SHBI)?
The last downgrade for Shore Bancshares Inc happened on December 13, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $22 for Shore Bancshares Inc.
When is the next analyst rating going to be posted or updated for Shore Bancshares (SHBI)?
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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
Is the Analyst Rating Shore Bancshares (SHBI) correct?
While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a maintained with a price target of $14.00 to $13.00. The current price Shore Bancshares (SHBI) is trading at is $11.46, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.