Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
07/07/2022 | 14.71% | Raymond James | $20 → $17 | Downgrades | Strong Buy → Outperform |
04/29/2022 | 34.95% | Raymond James | $23 → $20 | Maintains | Strong Buy |
04/28/2021 | 55.2% | Raymond James | $17 → $23 | Upgrades | Outperform → Strong Buy |
06/17/2020 | -12.28% | Raymond James | → $13 | Upgrades | Market Perform → Outperform |
05/01/2020 | -12.28% | Piper Sandler | $11 → $13 | Upgrades | Neutral → Overweight |
08/27/2019 | — | DA Davidson | Initiates Coverage On | → Buy |
Lakeland Bancorp Questions & Answers
The latest price target for Lakeland Bancorp (NASDAQ: LBAI) was reported by Raymond James on July 7, 2022. The analyst firm set a price target for $17.00 expecting LBAI to rise to within 12 months (a possible 14.71% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Lakeland Bancorp (NASDAQ: LBAI) was provided by Raymond James, and Lakeland Bancorp downgraded their outperform rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lakeland 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 Lakeland Bancorp was filed on July 7, 2022 so you should expect the next rating to be made available sometime around July 7, 2023.
While ratings are subjective and will change, the latest Lakeland Bancorp (LBAI) rating was a downgraded with a price target of $20.00 to $17.00. The current price Lakeland Bancorp (LBAI) is trading at is $14.82, which is out of the analyst's predicted range.