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Cadence Bank

CADENYSE
Logo brought to you by Benzinga Data
$33.51
0.140.42%
At Close: -
$33.51
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Mon Jul 22nd, after the market close
The most recent conference call was at 11:00 AM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$39.00
Lowest Price Target1
$27.00
Consensus Price Target1
$33.38

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Cadence Bank (NYSE:CADE) Stock, Analyst Ratings, Price Targets, Forecasts

Cadence Bank has a consensus price target of $33.38 based on the ratings of 13 analysts. The high is $39 issued by DA Davidson on July 24, 2024. The low is $27 issued by Morgan Stanley on February 7, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Barclays, and DA Davidson on July 24, 2024, respectively. With an average price target of $35.67 between RBC Capital, Barclays, and DA Davidson, there's an implied 6.44% upside for Cadence Bank from these most-recent analyst ratings.

Analyst Trends and Forecast
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Mar
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1
Apr
1
Jun
1
2
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Barclays
DA Davidson
Truist Securities
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Cadence Bank

Buy NowGet Alert
07/24/2024Buy Now4.45%RBC Capital
Jon Arfstrom
$31 → $35MaintainsSector PerformGet Alert
07/24/2024Buy Now-1.52%Barclays
Jared Shaw
$30 → $33MaintainsEqual-WeightGet Alert
07/24/2024Buy Now16.38%DA Davidson
Kevin Fitzsimmons
$34.5 → $39MaintainsBuyGet Alert
07/24/2024Buy Now13.4%Truist Securities
Brandon King
$31 → $38MaintainsBuyGet Alert
07/24/2024Buy Now1.46%Piper Sandler
Brad Milsaps
$33 → $34DowngradeOverweight → NeutralGet Alert
07/23/2024Buy Now4.45%Stephens & Co.
Matt Olney
$35 → $35ReiteratesOverweight → OverweightGet Alert
07/08/2024Buy Now-7.49%Truist Securities
Brandon King
$33 → $31MaintainsBuyGet Alert
07/03/2024Buy Now-13.46%Jefferies
Ken Usdin
$31 → $29MaintainsHoldGet Alert
06/24/2024Buy Now-10.47%Barclays
Jared Shaw
$29 → $30MaintainsEqual-WeightGet Alert
04/24/2024Buy Now-13.46%Barclays
Jared Shaw
$28 → $29MaintainsEqual-WeightGet Alert
04/24/2024Buy Now-1.52%Keefe, Bruyette & Woods
Catherine Mealor
$32 → $33MaintainsOutperformGet Alert
04/23/2024Buy Now-1.52%Stephens & Co.
Matt Olney
→ $33ReiteratesOverweight → OverweightGet Alert
04/09/2024Buy Now-7.49%RBC Capital
Jon Arfstrom
→ $31ReiteratesSector Perform → Sector PerformGet Alert
04/08/2024Buy Now-13.46%Jefferies
Ken Usdin
$30 → $29MaintainsHoldGet Alert
04/01/2024Buy Now-1.52%Truist Securities
Brandon King
$32 → $33MaintainsBuyGet Alert
03/08/2024Buy Now-16.44%Barclays
Jared Shaw
→ $28Initiates → Equal-WeightGet Alert
02/07/2024Buy Now-19.43%Morgan Stanley
Manan Gosalia
$24 → $27MaintainsEqual-WeightGet Alert
01/31/2024Buy Now1.46%Raymond James
Michael Rose
$35 → $34MaintainsStrong BuyGet Alert
01/31/2024Buy Now-7.49%RBC Capital
Jon Arfstrom
→ $31ReiteratesSector Perform → Sector PerformGet Alert
01/30/2024Buy Now-4.51%Stephens & Co.
Matt Olney
→ $32ReiteratesOverweight → OverweightGet Alert
01/05/2024Buy Now4.45%Raymond James
Michael Rose
$26 → $35MaintainsStrong BuyGet Alert
12/29/2023Buy Now-4.51%Citigroup
Benjamin Gerlinger
$27 → $32MaintainsNeutralGet Alert
10/26/2023Buy Now-28.38%Morgan Stanley
Manan Gosalia
$22 → $24MaintainsEqual-WeightGet Alert
10/25/2023Buy Now-16.44%Piper Sandler
Brad Milsaps
$30 → $28MaintainsOverweightGet Alert
10/25/2023Buy Now-19.43%Stephens & Co.
Matt Olney
$25 → $27MaintainsOverweightGet Alert
09/27/2023Buy Now-25.4%Truist Securities
Brandon King
$27 → $25MaintainsBuyGet Alert
09/27/2023Buy Now-34.35%Morgan Stanley
Manan Gosalia
$23 → $22MaintainsEqual-WeightGet Alert
07/26/2023Buy Now-22.41%Keefe, Bruyette & Woods
Catherine Mealor
$25 → $26MaintainsOutperformGet Alert
07/26/2023Buy Now-31.36%Morgan Stanley
Manan Gosalia
$23 → $23ReiteratesEqual-Weight → Equal-WeightGet Alert
07/26/2023Buy Now-19.43%Stephens & Co.
Matt Olney
$24 → $27MaintainsOverweightGet Alert
07/26/2023Buy Now-22.41%RBC Capital
Jon Arfstrom
$25 → $26MaintainsSector PerformGet Alert
07/25/2023Buy Now-28.38%Stephens & Co.
Matt Olney
→ $24ReiteratesOverweight → OverweightGet Alert
07/07/2023Buy Now-31.36%Morgan Stanley
Manan Gosalia
$23 → $23ReiteratesEqual-Weight → Equal-WeightGet Alert
06/29/2023Buy Now-31.36%Truist Securities
Brandon King
$24 → $23MaintainsBuyGet Alert
04/27/2023Buy Now-16.44%Keefe, Bruyette & Woods
Catherine Mealor
$26 → $28MaintainsOutperformGet Alert
04/26/2023Buy Now-22.41%RBC Capital
Jon Arfstrom
$27 → $26MaintainsSector PerformGet Alert
04/25/2023Buy Now-22.41%Stephens & Co.
Matt Olney
→ $26Reiterates → OverweightGet Alert
04/06/2023Buy Now-22.41%Raymond James
Michael Rose
$30 → $26MaintainsStrong BuyGet Alert
04/06/2023Buy Now-16.44%Keefe, Bruyette & Woods
Catherine Mealor
$32 → $28MaintainsOutperformGet Alert
04/05/2023Buy Now-31.36%Morgan Stanley
Manan Gosalia
$29 → $23MaintainsEqual-WeightGet Alert
03/23/2023Buy Now-25.4%Truist Securities
Brandon King
$29 → $25MaintainsBuyGet Alert
03/21/2023Buy Now-25.4%DA Davidson
Kevin Fitzsimmons
$29.5 → $25MaintainsBuyGet Alert
02/02/2023Buy Now-4.51%Keefe, Bruyette & Woods
Catherine Mealor
$35 → $32MaintainsOutperformGet Alert
02/01/2023Buy Now-13.46%Morgan Stanley
Manan Gosalia
$32 → $29MaintainsEqual-WeightGet Alert
02/01/2023Buy Now-13.46%Truist Securities
Brandon King
$31 → $29MaintainsBuyGet Alert
02/01/2023Buy Now-4.51%Stephens & Co.
Matt Olney
$30 → $32MaintainsOverweightGet Alert
02/01/2023Buy Now-10.47%Raymond James
Michael Rose
$32 → $30MaintainsStrong BuyGet Alert
12/05/2022Buy Now-4.51%Morgan Stanley
Manan Gosalia
→ $32Initiates → Equal-WeightGet Alert
07/07/2022Buy Now-4.51%Raymond James
Michael Rose
$35 → $32MaintainsStrong BuyGet Alert
06/13/2022Buy Now-10.47%Truist Securities
Jennifer Demba
$32 → $30MaintainsBuyGet Alert
04/27/2022Buy Now1.46%RBC Capital
Jon Arfstrom
$35 → $34MaintainsSector PerformGet Alert
04/27/2022Buy Now4.45%Raymond James
Michael Rose
$40 → $35MaintainsStrong BuyGet Alert
01/27/2022Buy Now19.37%Raymond James
Michael Rose
$36 → $40MaintainsStrong BuyGet Alert
12/09/2021Buy Now4.45%Janney Montgomery Scott
John Rodis
UpgradeNeutral → BuyGet Alert
11/04/2021Buy Now19.37%Piper Sandler
Brad Milsaps
UpgradeNeutral → OverweightGet Alert
08/31/2021Buy Now-22.41%Raymond James
Michael Rose
UpgradeOutperform → Strong BuyGet Alert

FAQ

Q

What is the target price for Cadence Bank (CADE) stock?

A

The latest price target for Cadence Bank (NYSE:CADE) was reported by RBC Capital on July 24, 2024. The analyst firm set a price target for $35.00 expecting CADE to rise to within 12 months (a possible 4.45% upside). 27 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cadence Bank (CADE)?

A

The latest analyst rating for Cadence Bank (NYSE:CADE) was provided by RBC Capital, and Cadence Bank maintained their sector perform rating.

Q

When was the last upgrade for Cadence Bank (CADE)?

A

The last upgrade for Cadence Bank happened on December 9, 2021 when Janney Montgomery Scott raised their price target to $35. Janney Montgomery Scott previously had a neutral for Cadence Bank.

Q

When was the last downgrade for Cadence Bank (CADE)?

A

The last downgrade for Cadence Bank happened on July 24, 2024 when Piper Sandler changed their price target from $33 to $34 for Cadence Bank.

Q

When is the next analyst rating going to be posted or updated for Cadence Bank (CADE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cadence 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 Cadence Bank was filed on July 24, 2024 so you should expect the next rating to be made available sometime around July 24, 2025.

Q

Is the Analyst Rating Cadence Bank (CADE) correct?

A

While ratings are subjective and will change, the latest Cadence Bank (CADE) rating was a maintained with a price target of $31.00 to $35.00. The current price Cadence Bank (CADE) is trading at is $33.51, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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