German American Bancorp, Inc. (GABC)
NASDAQ: GABC · IEX Real-Time Price · USD
33.16
+1.28 (4.02%)
Apr 19, 2024, 4:00 PM EDT - Market closed
German American Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for GABC stock have an average target of 37.5, with a low estimate of 36 and a high estimate of 39. The average target predicts an increase of 13.09% from the current stock price of 33.16.
Analyst Consensus: Buy
* Price targets were last updated on Feb 1, 2024.
Analyst Ratings
The average analyst rating for GABC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $34 → $36 | Hold | Maintains | $34 → $36 | +8.56% | Feb 1, 2024 |
| Raymond James | Raymond James | Buy Maintains $38 → $39 | Buy | Maintains | $38 → $39 | +17.61% | Jan 31, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $38 | Hold → Buy | Upgrades | $38 | +14.60% | Jan 5, 2024 |
| Piper Sandler | Piper Sandler | Hold Initiates $31 | Hold | Initiates | $31 | -6.51% | May 25, 2023 |
Financial Forecast
Revenue This Year
258.08M
from 248.14M
Increased by 4.00%
Revenue Next Year
265.62M
from 258.08M
Increased by 2.92%
EPS This Year
2.63
from 2.91
Decreased by -9.51%
EPS Next Year
2.68
from 2.63
Increased by 1.85%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 266.4M | 276.6M |
| Avg | 258.1M | 265.6M |
| Low | 247.0M | 252.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.4% | 7.2% |
| Avg | 4.0% | 2.9% |
| Low | -0.5% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.78 | 2.89 |
| Avg | 2.63 | 2.68 |
| Low | 2.50 | 2.40 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -4.6% | 9.7% |
| Avg | -9.5% | 1.8% |
| Low | -14.1% | -9.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.