Lakeland Bancorp, Inc. (LBAI)
NASDAQ: LBAI · IEX Real-Time Price · USD
12.10
+0.30 (2.54%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Lakeland Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Lakeland Bancorp stock has a target of 16.65, which predicts an increase of 37.60% from the current stock price of 12.10.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for LBAI is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 1 | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | +37.60% | Jan 30, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $23 → $21 | Hold | Maintains | $23 → $21 | +71.90% | Apr 6, 2023 |
DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $22 → $18 | Strong Buy → Hold | Downgrades | $22 → $18 | +48.76% | Sep 28, 2022 |
Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 28, 2022 |
Raymond James | Raymond James | Strong Buy → Buy Downgrades $20 → $17 | Strong Buy → Buy | Downgrades | $20 → $17 | +40.50% | Jul 7, 2022 |
Financial Forecast
Revenue This Year
292.34M
from 293.77M
Decreased by -0.49%
Revenue Next Year
330.72M
from 292.34M
Increased by 13.13%
EPS This Year
1.17
from 1.29
Decreased by -9.54%
EPS Next Year
1.43
from 1.17
Increased by 22.47%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 305.1M | 355.3M |
Avg | 292.3M | 330.7M |
Low | 277.0M | 303.9M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 3.8% | 21.5% |
Avg | -0.5% | 13.1% |
Low | -5.7% | 4.0% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 1.28 | 1.74 |
Avg | 1.17 | 1.43 |
Low | 1.05 | 1.12 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -0.6% | 49.0% |
Avg | -9.5% | 22.5% |
Low | -18.9% | -3.8% |
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.