| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/28/2022 | 19.5% | Raymond James | $23 → $19 | Maintains | Outperform |
| 07/29/2022 | 44.65% | Raymond James | $22 → $23 | Maintains | Outperform |
| 07/07/2022 | 38.36% | Raymond James | $23 → $22 | Downgrades | Strong Buy → Outperform |
| 04/29/2022 | 44.65% | Raymond James | $25 → $23 | Maintains | Strong Buy |
| 12/03/2021 | 57.23% | Raymond James | $24 → $25 | Maintains | Strong Buy |
| 10/29/2021 | 50.94% | Raymond James | $21 → $24 | Upgrades | Outperform → Strong Buy |
| 08/26/2021 | 32.08% | Raymond James | $20 → $21 | Maintains | Outperform |
| 07/29/2021 | 25.79% | Raymond James | $22 → $20 | Maintains | Outperform |
| 02/01/2021 | 19.5% | Raymond James | $14 → $19 | Maintains | Outperform |
| 10/30/2020 | -11.95% | Raymond James | $13 → $14 | Maintains | Outperform |
| 05/04/2020 | -8.81% | Piper Sandler | $14 → $14.5 | Maintains | Overweight |
| 11/01/2018 | 25.79% | Raymond James | $23 → $20 | Maintains | Outperform |
Horizon Bancorp Questions & Answers
The latest price target for Horizon Bancorp (NASDAQ: HBNC) was reported by Raymond James on October 28, 2022. The analyst firm set a price target for $19.00 expecting HBNC to rise to within 12 months (a possible 19.50% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Horizon Bancorp (NASDAQ: HBNC) was provided by Raymond James, and Horizon Bancorp maintained their outperform rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Horizon 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 Horizon Bancorp was filed on October 28, 2022 so you should expect the next rating to be made available sometime around October 28, 2023.
While ratings are subjective and will change, the latest Horizon Bancorp (HBNC) rating was a maintained with a price target of $23.00 to $19.00. The current price Horizon Bancorp (HBNC) is trading at is $15.90, which is out of the analyst's predicted range.