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The Bancorp Inc has a consensus price target of $48.17 based on the ratings of 6 analysts. The high is $60 issued by Piper Sandler on July 29, 2024. The low is $40 issued by Keefe, Bruyette & Woods on January 12, 2022. 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 July 2, 2024, respectively. With an average price target of $56.67 between Keefe, Bruyette & Woods, Piper Sandler, and Piper Sandler, there's an implied 6.30% upside for The Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bancorp (NASDAQ:TBBK) was reported by Keefe, Bruyette & Woods on July 29, 2024. The analyst firm set a price target for $55.00 expecting TBBK to rise to within 12 months (a possible 3.17% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Bancorp (NASDAQ:TBBK) was provided by Keefe, Bruyette & Woods, and Bancorp reiterated their outperform rating.
There is no last upgrade for Bancorp
There is no last downgrade for Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bancorp, 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 Bancorp 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 Bancorp (TBBK) rating was a reiterated with a price target of $46.00 to $55.00. The current price Bancorp (TBBK) is trading at is $53.31, which is within the analyst’s predicted range.
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