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Cadence Bank (CADE) Stock Forecast & Price Target

Cadence Bank logo
$39.29 +0.41 (+1.05%)
(As of 11/25/2024 ET)

Cadence Bank - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
7

Based on 12 Wall Street analysts who have issued ratings for Cadence Bank in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 5 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for CADE.

Consensus Price Target

$35.29
-10.18% Downside
According to the 12 analysts' twelve-month price targets for Cadence Bank, the average price target is $35.29. The highest price target for CADE is $40.00, while the lowest price target for CADE is $29.00. The average price target represents a forecasted downside of -10.18% from the current price of $39.29.
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CADE Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$35.29$35.29$34.54$25.00
Forecasted Upside-10.18% Downside6.65% Upside8.18% Upside1.21% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CADE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CADE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cadence Bank Stock vs. The Competition

TypeCadence BankFinance CompaniesS&P 500
Consensus Rating Score
2.67
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-11.17% Downside8.83% Upside6.46% Upside
News Sentiment Rating
Positive News

See Recent CADE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/23/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$35.00 ➝ $36.00+7.40%
10/23/2024DA Davidson
3 of 5 stars
 Boost TargetBuy ➝ Buy$36.00 ➝ $40.00+19.26%
10/23/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$37.00 ➝ $38.00+11.76%
10/23/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$35.00 ➝ $37.00+8.82%
9/30/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$36.00 ➝ $39.00+24.68%
7/24/2024Hovde Group
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 Boost TargetOutperform$33.00 ➝ $36.50+8.70%
7/24/2024Piper Sandler
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S. Scouten
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DowngradeOverweight ➝ Neutral$33.00 ➝ $34.00+1.25%
7/23/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$35.00 ➝ $35.00+8.33%
7/3/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$31.00 ➝ $29.00+1.68%
4/24/2024Keefe, Bruyette & Woods
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 Boost TargetOutperform ➝ Outperform$32.00 ➝ $33.00+13.48%
1/31/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$35.00 ➝ $34.00+20.27%
12/29/2023Citigroup
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 Boost TargetNeutral ➝ Neutral$27.00 ➝ $32.00+7.38%
3/15/2023UBS Group
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 Initiated CoverageSell$21.00-2.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:38 PM ET.


CADE Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Cadence Bank is $35.29, with a high forecast of $40.00 and a low forecast of $29.00.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last twelve months. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CADE shares.

According to analysts, Cadence Bank's stock has a predicted downside of -10.18% based on their 12-month stock forecasts.

Over the previous 90 days, Cadence Bank's stock had 1 upgrade by analysts.

Cadence Bank has been rated by research analysts at Barclays, DA Davidson, Morgan Stanley, Royal Bank of Canada, and Truist Financial in the past 90 days.

Analysts like Cadence Bank more than other "finance" companies. The consensus rating for Cadence Bank is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how CADE compares to other companies.


This page (NYSE:CADE) was last updated on 11/25/2024 by MarketBeat.com Staff
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