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Do Analysts Agree Monday on Cadence Bank (CADE) Stock's Target Price?

Monday, April 01, 2024 02:31 PM | InvestorsObserver Analysts

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Do Analysts Agree Monday on Cadence Bank (CADE) Stock's Target Price?

Wall Street is positive on Cadence Bank (CADE). On average, analysts give Cadence Bank a Buy rating. The average price target is $30.961, which means analysts expect the stock to increase by 8.37% over the next twelve months. That average ranking earns Cadence Bank an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.8
Wall Street analysts are rating CADE a Buy today. Find out what this means to you and get the rest of the rankings on CADE!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Cadence Bank Stock Today?

Cadence Bank (CADE) stock is trading at $28.57 as of 2:30 PM on Monday, Apr 1, a loss of -$0.43, or -1.48% from the previous closing price of $29.00. The stock has traded between $28.40 and $29.15 so far today. Volume today is less active than usual. So far 394,777 shares have traded compared to average volume of 1,067,723 shares. Click Here to get the full Stock Report for Cadence Bank stock.

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