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Unity Bancorp Inc has a consensus price target of $37 based on the ratings of 4 analysts. The high is $44 issued by Piper Sandler on October 14, 2024. The low is $32 issued by Janney Montgomery Scott on December 15, 2022. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on October 14, 2024, July 15, 2024, and April 6, 2023, respectively. With an average price target of $38.17 between Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied -18.11% downside for Unity Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Unity Bancorp (NASDAQ:UNTY) was reported by Piper Sandler on October 14, 2024. The analyst firm set a price target for $44.00 expecting UNTY to fall to within 12 months (a possible -5.60% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Unity Bancorp (NASDAQ:UNTY) was provided by Piper Sandler, and Unity Bancorp reiterated their overweight rating.
There is no last upgrade for Unity Bancorp
There is no last downgrade for Unity Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Unity 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 Unity Bancorp was filed on October 14, 2024 so you should expect the next rating to be made available sometime around October 14, 2025.
While ratings are subjective and will change, the latest Unity Bancorp (UNTY) rating was a reiterated with a price target of $40.00 to $44.00. The current price Unity Bancorp (UNTY) is trading at is $46.61, which is out of the analyst’s predicted range.
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