Towne Bank has a consensus price target of $33.6 based on the ratings of 5 analysts. The high is $41 issued by Stephens & Co. on January 23, 2025. The low is $27 issued by Hovde Group on August 11, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on January 23, 2025, October 2, 2024, and July 29, 2024, respectively. With an average price target of $38.67 between Stephens & Co., Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied 8.10% upside for Towne Bank from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Towne Bank (NASDAQ:TOWN) was reported by Stephens & Co. on January 23, 2025. The analyst firm set a price target for $41.00 expecting TOWN to rise to within 12 months (a possible 14.62% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Towne Bank (NASDAQ:TOWN) was provided by Stephens & Co., and Towne Bank reiterated their equal-weight rating.
The last upgrade for Towne Bank happened on October 2, 2024 when Keefe, Bruyette & Woods raised their price target to $40. Keefe, Bruyette & Woods previously had a market perform for Towne Bank.
There is no last downgrade for Towne Bank.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Towne Bank, 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 Towne Bank was filed on January 23, 2025 so you should expect the next rating to be made available sometime around January 23, 2026.
While ratings are subjective and will change, the latest Towne Bank (TOWN) rating was a reiterated with a price target of $41.00 to $41.00. The current price Towne Bank (TOWN) is trading at is $35.77, which is out of the analyst’s predicted range.
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