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Horizon Bancorp - HBNC Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $16.00
  • Forecasted Upside: -11.46%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$18.07 As of 11/20/2024 01:00 AM ET
▲ +0.03 (0.17%)

This chart shows the closing price for HBNC by one month, three months, or twelve months.

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Analyst Price Target for HBNC

Analyst Price Target is $16.00
▼ -11.46% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Horizon Bancorp in the last 3 months. The average price target is $16.00, with a high forecast of $18.00 and a low forecast of $12.00. The average price target represents a -11.46% upside from the last price of $18.07.

This chart shows the closing price for HBNC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in Horizon Bancorp. This rating has held steady since September 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/30/2024Hovde GroupInitiated CoverageOutperform$18.00
7/29/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$14.00 ➝ $16.00
7/29/2024Piper SandlerBoost TargetNeutral ➝ Neutral$13.00 ➝ $18.00
4/29/2024Piper SandlerLower TargetNeutral ➝ Neutral$14.00 ➝ $13.00
12/13/2023StephensReiterated RatingOverweight ➝ Overweight$12.00
12/13/2023Piper SandlerBoost TargetNeutral ➝ Neutral$13.00 ➝ $14.00
10/30/2023Piper SandlerLower TargetNeutral ➝ Neutral$12.00 ➝ $10.00
7/31/2023Piper SandlerBoost TargetNeutral ➝ Neutral$11.00 ➝ $14.00
7/6/2023Raymond JamesDowngradeOutperform ➝ Market Perform
4/6/2023Raymond JamesLower TargetOutperform$18.00 ➝ $13.00
2/22/2023Piper SandlerDowngradeOverweight ➝ Neutral$17.00
1/27/2023Raymond JamesLower TargetOutperform$19.00 ➝ $18.00
11/1/2022Piper SandlerLower Target$18.00
10/31/2022StephensLower TargetOverweight$25.50 ➝ $18.00
10/28/2022Raymond JamesLower TargetOutperform$23.00 ➝ $19.00
10/27/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$23.00 ➝ $18.00
8/23/2022StephensBoost Target$25.50
7/7/2022Raymond JamesDowngradeStrong-Buy ➝ Outperform$23.00 ➝ $22.00
12/3/2021Raymond JamesBoost TargetStrong-Buy$24.00 ➝ $25.00
10/29/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$21.00 ➝ $24.00
8/26/2021Raymond JamesBoost TargetOutperform$20.00 ➝ $21.00
7/29/2021Raymond JamesLower TargetOutperform$22.00 ➝ $20.00
2/1/2021Raymond JamesBoost TargetOutperform$14.00 ➝ $19.00
10/30/2020Raymond JamesBoost TargetOutperform$13.00 ➝ $14.00
5/4/2020Piper SandlerBoost TargetOverweight$14.00 ➝ $14.50
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.40 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 6 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 3 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 3 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Horizon Bancorp logo
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
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Today's Range

Now: $18.07
Low: $17.76
High: $18.07

50 Day Range

MA: $16.08
Low: $14.57
High: $18.76

52 Week Range

Now: $18.07
Low: $10.65
High: $18.85

Volume

164,896 shs

Average Volume

161,908 shs

Market Capitalization

$789.93 million

P/E Ratio

38.45

Dividend Yield

3.50%

Beta

1.03

Frequently Asked Questions

What sell-side analysts currently cover shares of Horizon Bancorp?

The following equities research analysts have issued reports on Horizon Bancorp in the last twelve months: Hovde Group, Keefe, Bruyette & Woods, Piper Sandler, Stephens, and StockNews.com.
View the latest analyst ratings for HBNC.

What is the current price target for Horizon Bancorp?

0 Wall Street analysts have set twelve-month price targets for Horizon Bancorp in the last year. Their average twelve-month price target is $16.00, suggesting a possible downside of 11.5%. Hovde Group has the highest price target set, predicting HBNC will reach $18.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $12.00 for Horizon Bancorp in the next year.
View the latest price targets for HBNC.

What is the current consensus analyst rating for Horizon Bancorp?

Horizon Bancorp currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for HBNC.

What other companies compete with Horizon Bancorp?

Other companies that are similar to Horizon Bancorp include Allegiance Bancshares, Great Southern Bancorp, Lakeland Bancorp, Bryn Mawr Bank and Washington Trust Bancorp. Learn More about companies similar to Horizon Bancorp.

How do I contact Horizon Bancorp's investor relations team?

Horizon Bancorp's physical mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The financial services provider's listed phone number is (219) 879-0211. The official website for Horizon Bancorp is www.horizonbank.com. Learn More about contacing Horizon Bancorp investor relations.