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SmartFinancial Inc has a consensus price target of $28.67 based on the ratings of 9 analysts. The high is $36 issued by Raymond James on October 23, 2024. The low is $24 issued by Keefe, Bruyette & Woods on April 24, 2024. The 3 most-recent analyst ratings were released by Raymond James, Piper Sandler, and Stephens & Co. on October 23, 2024, July 24, 2024, and July 23, 2024, respectively. With an average price target of $30.33 between Raymond James, Piper Sandler, and Stephens & Co., there's an implied -3.64% downside for SmartFinancial Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SmartFinancial (NYSE:SMBK) was reported by Raymond James on October 23, 2024. The analyst firm set a price target for $36.00 expecting SMBK to rise to within 12 months (a possible 14.36% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for SmartFinancial (NYSE:SMBK) was provided by Raymond James, and SmartFinancial maintained their strong buy rating.
The last upgrade for SmartFinancial Inc happened on April 24, 2024 when Piper Sandler raised their price target to $26. Piper Sandler previously had a neutral for SmartFinancial Inc.
The last downgrade for SmartFinancial Inc happened on July 24, 2024 when Piper Sandler changed their price target from $26 to $28 for SmartFinancial Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SmartFinancial, 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 SmartFinancial was filed on October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.
While ratings are subjective and will change, the latest SmartFinancial (SMBK) rating was a maintained with a price target of $32.00 to $36.00. The current price SmartFinancial (SMBK) is trading at is $31.48, which is out of the analyst’s predicted range.
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