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TriCo Bancshares has a consensus price target of $48.2 based on the ratings of 6 analysts. The high is $53 issued by DA Davidson on November 12, 2024. The low is $40 issued by Raymond James on January 26, 2024. The 3 most-recent analyst ratings were released by DA Davidson, Stephens & Co., and Piper Sandler on November 12, 2024, October 29, 2024, and October 28, 2024, respectively. With an average price target of $51 between DA Davidson, Stephens & Co., and Piper Sandler, there's an implied 9.63% upside for TriCo Bancshares from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TriCo (NASDAQ:TCBK) was reported by DA Davidson on November 12, 2024. The analyst firm set a price target for $53.00 expecting TCBK to rise to within 12 months (a possible 13.93% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for TriCo (NASDAQ:TCBK) was provided by DA Davidson, and TriCo downgraded their neutral rating.
The last upgrade for TriCo Bancshares happened on May 11, 2022 when Stephens & Co. raised their price target to $48. Stephens & Co. previously had an equal-weight for TriCo Bancshares.
The last downgrade for TriCo Bancshares happened on November 12, 2024 when DA Davidson changed their price target from $50 to $53 for TriCo Bancshares.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TriCo, 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 TriCo was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest TriCo (TCBK) rating was a downgraded with a price target of $50.00 to $53.00. The current price TriCo (TCBK) is trading at is $46.52, which is out of the analyst’s predicted range.
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