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Unity Bancorp

UNTYNASDAQ
Logo brought to you by Benzinga Data
$46.61
0.731.59%
At close: -
$46.61
00.00%
After Hours: Nov 22, 4:02 PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$44.00
Lowest Price Target1
$32.00
Consensus Price Target1
$37.00

Unity Bancorp (NASDAQ:UNTY) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Jul
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Keefe, Bruyette & Woods
Janney Montgomery Scott
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Unity Bancorp

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FAQ

Q

What is the target price for Unity Bancorp (UNTY) stock?

A

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.

Q

What is the most recent analyst rating for Unity Bancorp (UNTY)?

A

The latest analyst rating for Unity Bancorp (NASDAQ:UNTY) was provided by Piper Sandler, and Unity Bancorp reiterated their overweight rating.

Q

When was the last upgrade for Unity Bancorp (UNTY)?

A

There is no last upgrade for Unity Bancorp

Q

When was the last downgrade for Unity Bancorp (UNTY)?

A

There is no last downgrade for Unity Bancorp.

Q

When is the next analyst rating going to be posted or updated for Unity Bancorp (UNTY)?

A

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.

Q

Is the Analyst Rating Unity Bancorp (UNTY) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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