Horizon Bancorp (Indiana) PT Raised to $24.00 at Keefe, Bruyette & Woods (HBNC)
Investment analysts at Keefe, Bruyette & Woods raised their price target on shares of Horizon Bancorp (Indiana) (NASDAQ:HBNC) from $23.00 to $24.00 in a note issued to investors on Friday. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 10.85% from the company’s current price.
Shares of Horizon Bancorp (NASDAQ:HBNC) traded up 0.14% during mid-day trading on Friday, hitting $21.68. The stock had a trading volume of 12,073 shares. Horizon Bancorp has a one year low of $19.38 and a one year high of $26.71. The stock has a 50-day moving average of $20.6 and a 200-day moving average of $22.15. The company has a market cap of $199.5 million and a P/E ratio of 10.99.
Horizon Bancorp (Indiana) (NASDAQ:HBNC) last issued its quarterly earnings data on Monday, April 21st. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.02. Analysts expect that Horizon Bancorp will post $1.94 EPS for the current fiscal year.
Horizon Bancorp (NASDAQ:HBNC) is a bank holding company.
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