Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
07/31/2023 | 12.33% | Piper Sandler | $22 → $23 | Maintains | Overweight |
06/13/2023 | 7.45% | Piper Sandler | → $22 | Assumes | Overweight → Overweight |
04/06/2023 | -12.09% | Keefe, Bruyette & Woods | $23 → $18 | Maintains | Market Perform |
04/04/2023 | -7.2% | Stephens & Co. | → $19 | Reinstates | → Equal-Weight |
02/02/2023 | 12.33% | Keefe, Bruyette & Woods | $26 → $23 | Maintains | Market Perform |
12/13/2022 | -21.86% | Keefe, Bruyette & Woods | $30 → $16 | Downgrades | Outperform → Market Perform |
09/15/2022 | — | Janney Montgomery Scott | Initiates Coverage On | → Buy | |
10/28/2020 | -41.39% | Piper Sandler | → $12 | Upgrades | Neutral → Overweight |
09/30/2020 | -48.72% | Piper Sandler | $12 → $10.5 | Maintains | Neutral |
07/24/2020 | -41.39% | Piper Sandler | $11.5 → $12 | Maintains | Neutral |
10/22/2018 | -31.62% | Stephens & Co. | → $14 | Initiates Coverage On | → Overweight |
10/22/2018 | -21.86% | Keefe, Bruyette & Woods | → $16 | Initiates Coverage On | → Outperform |
What is the target price for Capital Bancorp (CBNK)?
The latest price target for Capital Bancorp (NASDAQ: CBNK) was reported by Piper Sandler on July 31, 2023. The analyst firm set a price target for $23.00 expecting CBNK to rise to within 12 months (a possible 12.33% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Capital Bancorp (CBNK)?
The latest analyst rating for Capital Bancorp (NASDAQ: CBNK) was provided by Piper Sandler, and Capital Bancorp maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Capital Bancorp (CBNK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Capital 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 Capital Bancorp was filed on July 31, 2023 so you should expect the next rating to be made available sometime around July 31, 2024.
Is the Analyst Rating Capital Bancorp (CBNK) correct?
While ratings are subjective and will change, the latest Capital Bancorp (CBNK) rating was a maintained with a price target of $22.00 to $23.00. The current price Capital Bancorp (CBNK) is trading at is $20.48, which is out of the analyst's predicted range.