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South Plains Financial Inc has a consensus price target of $30 based on the ratings of 5 analysts. The high is $36 issued by Piper Sandler on July 23, 2024. The low is $26 issued by Raymond James on March 17, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Raymond James, and Keefe, Bruyette & Woods on July 23, 2024, January 29, 2024, and July 26, 2023, respectively. With an average price target of $32 between Piper Sandler, Raymond James, and Keefe, Bruyette & Woods, there's an implied -10.69% downside for South Plains Financial Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for South Plains Financial (NASDAQ:SPFI) was reported by Piper Sandler on July 23, 2024. The analyst firm set a price target for $36.00 expecting SPFI to rise to within 12 months (a possible 0.47% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for South Plains Financial (NASDAQ:SPFI) was provided by Piper Sandler, and South Plains Financial maintained their overweight rating.
There is no last upgrade for South Plains Financial
There is no last downgrade for South Plains Financial.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of South Plains Financial, 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 Plains Financial was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
While ratings are subjective and will change, the latest South Plains Financial (SPFI) rating was a maintained with a price target of $32.00 to $36.00. The current price South Plains Financial (SPFI) is trading at is $35.83, which is within the analyst’s predicted range.
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