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ConnectOne Bancorp Inc has a consensus price target of $27 based on the ratings of 6 analysts. The high is $28 issued by Raymond James on January 29, 2024. The low is $25 issued by Piper Sandler on July 26, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on July 26, 2024, July 26, 2024, and May 31, 2024, respectively. With an average price target of $24.33 between Piper Sandler, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied -12.42% downside for ConnectOne Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ConnectOne Bancorp (NASDAQ:CNOB) was reported by Piper Sandler on July 26, 2024. The analyst firm set a price target for $25.00 expecting CNOB to fall to within 12 months (a possible -10.02% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for ConnectOne Bancorp (NASDAQ:CNOB) was provided by Piper Sandler, and ConnectOne Bancorp maintained their overweight rating.
The last upgrade for ConnectOne Bancorp Inc happened on July 31, 2023 when Raymond James raised their price target to $26. Raymond James previously had a market perform for ConnectOne Bancorp Inc.
The last downgrade for ConnectOne Bancorp Inc happened on May 31, 2024 when Keefe, Bruyette & Woods changed their price target from $24 to $22 for ConnectOne Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ConnectOne 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 ConnectOne Bancorp was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest ConnectOne Bancorp (CNOB) rating was a maintained with a price target of $22.00 to $25.00. The current price ConnectOne Bancorp (CNOB) is trading at is $27.79, which is out of the analyst’s predicted range.
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