| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/12/2022 | 24.14% | Piper Sandler | $31 → $29 | Maintains | Overweight |
| 07/11/2022 | 32.71% | Piper Sandler | $36 → $31 | Maintains | Overweight |
| 01/12/2022 | 71.23% | Keefe, Bruyette & Woods | → $40 | Initiates Coverage On | → Outperform |
| 11/01/2021 | 62.67% | Raymond James | $30 → $38 | Maintains | Strong Buy |
| 04/13/2020 | -48.63% | Piper Sandler | $15 → $12 | Maintains | Overweight |
| 12/03/2019 | — | Piper Sandler | Upgrades | Hold → Buy |
Bancorp Questions & Answers
The latest price target for Bancorp (NASDAQ: TBBK) was reported by Piper Sandler on October 12, 2022. The analyst firm set a price target for $29.00 expecting TBBK to rise to within 12 months (a possible 24.14% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Bancorp (NASDAQ: TBBK) was provided by Piper Sandler, and Bancorp maintained their overweight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 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 Bancorp was filed on October 12, 2022 so you should expect the next rating to be made available sometime around October 12, 2023.
While ratings are subjective and will change, the latest Bancorp (TBBK) rating was a maintained with a price target of $31.00 to $29.00. The current price Bancorp (TBBK) is trading at is $23.36, which is out of the analyst's predicted range.