Piper Sandler Lowers Heartland BancCorp (OTCMKTS:HLAN) Price Target to $100.00

Heartland BancCorp (OTCMKTS:HLAN) had its target price reduced by research analysts at Piper Sandler from $101.00 to $100.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the bank’s stock. Piper Sandler’s target price would indicate a potential upside of 12.99% from the company’s current price.

Heartland BancCorp Stock Performance

Heartland BancCorp stock opened at $88.50 on Monday. The business’s 50-day simple moving average is $86.61 and its two-hundred day simple moving average is $86.34. The company has a market cap of $178.77 million, a PE ratio of 8.90 and a beta of 0.43. Heartland BancCorp has a fifty-two week low of $81.10 and a fifty-two week high of $90.00.

Heartland BancCorp Company Profile

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.