Cadence Bank (CADE)
(Delayed Data from NYSE)
$28.89 USD
+0.34 (1.19%)
Updated Aug 6, 2024 04:00 PM ET
After-Market: $28.90 +0.01 (0.03%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth A Momentum C VGM
Cadence (CADE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$34.88 | $39.00 | $30.00 | 20.73% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Cadence comes to $34.88. The forecasts range from a low of $30.00 to a high of $39.00. The average price target represents an increase of 20.73% from the last closing price of $28.89.
Analyst Price Targets (13)
Broker Rating
Cadence currently has an average brokerage recommendation (ABR) of 2.15 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 38.46% and 7.69% of all recommendations. A month ago, Strong Buy made up 46.15%, while Buy represented 7.69%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 6 | 6 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 7 | 7 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.15 | 2.15 | 2.00 | 2.00 | 2.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/25/2024 | D.A. Davidson | Gary P Tenner | Strong Buy | Strong Buy |
7/24/2024 | Piper Sandler | Stephen Scouten | Strong Buy | Hold |
7/24/2024 | Hovde Group | Brett Rabatin | Strong Buy | Strong Buy |
7/24/2024 | Not Identified | Not Identified | Hold | Hold |
7/23/2024 | Stephens | Matthew C Olney | Strong Buy | Strong Buy |
7/23/2024 | Not Identified | Not Identified | Hold | Hold |
7/23/2024 | Raymond James | Michael E Rose | Strong Buy | Strong Buy |
7/8/2024 | Truist Securities | Brandon T King | Strong Buy | Strong Buy |
6/24/2024 | Not Identified | Not Identified | Hold | Hold |
4/24/2024 | Keefe Bruyette & Woods | Catherine S Mealor | Moderate Buy | Moderate Buy |
4/8/2024 | Not Identified | Not Identified | Hold | Hold |
12/29/2023 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.15 |
ABR (Last week) | 2.15 |
# of Recs in ABR | 13 |
Average Target Price | $34.88 |
LT Growth Rate | NA |
Industry | Banks - Southeast |
Industry Rank by ABR | 37 of 253 |
Current Quarter EPS Est: | 0.63 |