Shore Bancshares Inc (SHBI) Social Stream
SHORE BANCSHARES INC (SHBI) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering SHBI.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-15 | 2 | $22 | $20 | $21 | $14.4 | 45.83% |
| 2022-02-16 | 2 | $23 | $20 | $21.5 | $14.4 | 49.31% |
| 2022-04-29 | 1 | $23 | $23 | $23 | $14.4 | 59.72% |
| 2022-08-31 | 1 | $21.5 | $21.5 | $21.5 | $14.4 | 49.31% |
| 2022-10-28 | 1 | $21 | $21 | $21 | $14.4 | 45.83% |
| 2022-12-13 | 3 | $22 | $21 | $21.5 | $14.4 | 49.31% |
| 2022-12-19 | 3 | $22 | $19.5 | $20.75 | $14.4 | 44.1% |
| 2023-02-06 | 3 | $22 | $20 | $21.333 | $14.4 | 48.15% |
| 2023-03-03 | 3 | $22 | $18 | $20 | $14.4 | 38.89% |
| 2023-03-08 | 3 | $22 | $18 | $19.666 | $14.4 | 36.57% |
| 2023-04-06 | 3 | $22 | $16 | $19 | $14.4 | 31.94% |
| 2023-06-21 | 3 | $22 | $14 | $17.333 | $14.4 | 20.37% |
| 2023-07-30 | 3 | $16 | $14 | $15.333 | $14.4 | 6.48% |
| 2023-08-01 | 3 | $16 | $13.5 | $15.166 | $14.4 | 5.32% |
| 2023-09-27 | 3 | $16 | $13.5 | $14.5 | $14.4 | 0.69% |
| 2023-11-01 | 3 | $16 | $12.75 | $14.25 | $14.4 | -1.04% |
| 2023-12-13 | 3 | $16 | $12.75 | $14.916 | $14.4 | 3.58% |
| 2023-12-20 | 3 | $16 | $15.5 | $15.833 | $14.4 | 9.95% |
| NA | 1 | $NA | $NA | $NA | $14.4 | NA% |
The Trend in the Analyst Price Target
Over the past 24 months, SHBI's average price target has gone down $5.17.
SHBI reports an average of 28.02% for its upside potential over the past 45 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-06 | 3 | 22 | 20.0 | 21.000 | 17.89 | 17.38% |
| 2023-04-06 | 3 | 22 | 16.0 | 19.000 | 13.73 | 38.38% |
| 2023-05-03 | 3 | 22 | 14.0 | 17.333 | 11.30 | 53.39% |
| 2023-06-21 | 3 | 22 | 14.0 | 17.333 | 12.32 | 40.69% |
| 2023-12-20 | 3 | 16 | 15.5 | 15.833 | 13.90 | 13.91% |
SHBI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.67 | 2 | 0 | 1 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
SHBI's average broker recommendation rating worsened by 0.67 over the prior 21 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, SHORE BANCSHARES INC's number of analysts covering the stock is greater than 114.82% of them.
- To contextualize these metrics, consider that out of all US stocks, SHORE BANCSHARES INC's variance in analysts' estimates is lower than -142.43% of them.
- SHBI has a higher average analyst price target than 399.29% of Financial Services stocks.
- In terms of how SHORE BANCSHARES INC fares relative to Financial Services stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1581.4% of that group.
Stocks similar to SHORE BANCSHARES INC in the Banking industry regarding analyst recommendations and price targets are FBMS, FISI, and NKSH.
View All Top Stocks by Price Target
Make investment decisions regarding SHBI using the data that counts. Try POWR Ratings for free.