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Unity Bancorp Analyst Ratings

Benzinga Analyst Ratings ·  Dec 15, 2022 07:37
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
12/15/2022 19.31% Janney Montgomery Scott → $32 Initiates Coverage On → Buy
04/07/2022 23.04% Piper Sandler → $33 Initiates Coverage On → Overweight
03/10/2020 -25.43% DA Davidson → $20 Initiates Coverage On → Buy
07/12/2018 9.99% Keefe, Bruyette & Woods → $29.5 Initiates Coverage On → Outperform

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

The latest price target for Unity Bancorp (NASDAQ: UNTY) was reported by Janney Montgomery Scott on December 15, 2022. The analyst firm set a price target for $32.00 expecting UNTY to rise to within 12 months (a possible 19.31% upside). 2 analyst firms have reported ratings in the last year.

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

The latest analyst rating for Unity Bancorp (NASDAQ: UNTY) was provided by Janney Montgomery Scott, and Unity Bancorp initiated their buy rating.

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

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 December 15, 2022 so you should expect the next rating to be made available sometime around December 15, 2023.

Is the Analyst Rating Unity Bancorp (UNTY) correct?

While ratings are subjective and will change, the latest Unity Bancorp (UNTY) rating was a initiated with a price target of $0.00 to $32.00. The current price Unity Bancorp (UNTY) is trading at is $26.82, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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