| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/06/2023 | -16.73% | Piper Sandler | → $31 | Downgrades | Neutral → Underweight |
| 10/24/2023 | -16.73% | Piper Sandler | $32 → $31 | Maintains | Neutral |
| 10/24/2023 | 7.44% | Wedbush | $42 → $40 | Maintains | Outperform |
| 09/27/2023 | 2.07% | Truist Securities | $40 → $38 | Maintains | Hold |
| 07/25/2023 | 20.87% | Wedbush | $40 → $45 | Maintains | Outperform |
| 07/25/2023 | 10.13% | DA Davidson | $34 → $41 | Maintains | Neutral |
| 07/25/2023 | 4.75% | Keefe, Bruyette & Woods | $37 → $39 | Maintains | Market Perform |
| 06/29/2023 | -8.68% | Truist Securities | $36 → $34 | Maintains | Hold |
| 04/24/2023 | -3.3% | Truist Securities | $39 → $36 | Maintains | Hold |
| 04/21/2023 | 7.44% | Wedbush | $42 → $40 | Maintains | Outperform |
| 04/06/2023 | 7.44% | Keefe, Bruyette & Woods | $50 → $40 | Maintains | Market Perform |
| 03/23/2023 | 4.75% | Truist Securities | $46 → $39 | Maintains | Hold |
| 01/26/2023 | 23.56% | Piper Sandler | $47 → $46 | Maintains | Neutral |
| 07/14/2022 | 20.87% | Stephens & Co. | → $45 | Initiates Coverage On | → Equal-Weight |
| 06/13/2022 | 15.5% | Truist Securities | $46 → $43 | Maintains | Hold |
| 10/01/2020 | -32.85% | Piper Sandler | $27 → $25 | Maintains | Neutral |
| 05/19/2020 | -27.48% | SunTrust Robinson Humphrey | $24 → $27 | Maintains | Hold |
| 10/17/2019 | 4.75% | Wedbush | $40 → $39 | Maintains | Outperform |
What is the target price for Cathay General (CATY)?
The latest price target for Cathay General (NASDAQ: CATY) was reported by Piper Sandler on November 6, 2023. The analyst firm set a price target for $31.00 expecting CATY to fall to within 12 months (a possible -16.73% downside). 13 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cathay General (CATY)?
The latest analyst rating for Cathay General (NASDAQ: CATY) was provided by Piper Sandler, and Cathay General downgraded their underweight rating.
When is the next analyst rating going to be posted or updated for Cathay General (CATY)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cathay General, 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 Cathay General was filed on November 6, 2023 so you should expect the next rating to be made available sometime around November 6, 2024.
Is the Analyst Rating Cathay General (CATY) correct?
While ratings are subjective and will change, the latest Cathay General (CATY) rating was a downgraded with a price target of $0.00 to $31.00. The current price Cathay General (CATY) is trading at is $37.23, which is out of the analyst's predicted range.