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1st Source Corp has a consensus price target of $60.17 based on the ratings of 3 analysts. The high is $67.5 issued by Piper Sandler on July 29, 2024. The low is $51 issued by DA Davidson on January 23, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Piper Sandler, and Piper Sandler on July 29, 2024, July 29, 2024, and April 29, 2024, respectively. With an average price target of $63.17 between Keefe, Bruyette & Woods, Piper Sandler, and Piper Sandler, there's an implied 4.58% upside for 1st Source Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for 1st Source (NASDAQ:SRCE) was reported by Keefe, Bruyette & Woods on July 29, 2024. The analyst firm set a price target for $62.00 expecting SRCE to rise to within 12 months (a possible 2.65% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for 1st Source (NASDAQ:SRCE) was provided by Keefe, Bruyette & Woods, and 1st Source reiterated their market perform rating.
There is no last upgrade for 1st Source
The last downgrade for 1st Source Corp happened on July 29, 2024 when Piper Sandler changed their price target from $60 to $67.5 for 1st Source Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 1st Source, 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 1st Source was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.
While ratings are subjective and will change, the latest 1st Source (SRCE) rating was a reiterated with a price target of $54.00 to $62.00. The current price 1st Source (SRCE) is trading at is $60.40, which is within the analyst’s predicted range.
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