Analyst Price Target is $19.00
▲ +39.91% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for VersaBank in the last 3 months. The average price target is $19.00, with a high forecast of $22.00 and a low forecast of $17.00. The average price target represents a 39.91% upside from the last price of $13.58.
Current Consensus is
Buy
The current consensus among 4 contributing investment analysts is to buy stock in VersaBank. This Buy consensus rating has held steady for over two years.
VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages. In addition, it offers cybersecurity services. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.
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