NASDAQ:ALTA - Altabancorp Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $32.50
  • Forecasted Upside: -25.27 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$43.49
▲ +0.78 (1.83%)
1 month | 3 months | 12 months
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Analyst Price Target for ALTA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$32.50
▼ -25.27% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Altabancorp in the last 3 months. The average price target is $32.50, with a high forecast of $35.00 and a low forecast of $30.00. The average price target represents a -25.27% upside from the last price of $43.49.
Buy
The current consensus among 2 contributing investment analysts is to buy stock in Altabancorp.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/17/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/17/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/1/2021Raymond JamesBoost Price TargetOutperform$24.00 ➝ $35.00Low
i
11/16/2020Piper SandlerBoost Price TargetOverweight$25.00 ➝ $30.00Low
i
8/6/2020Raymond JamesReiterated RatingBuyLow
i
(Data available from 4/18/2016 forward)
Altabancorp logo
Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. It also offers commercial real estate, residential mortgage, commercial and industrial, home equity and improvement, automobile, debt consolidation, general consumer, and small business association loans, as well as construction, acquisition, and development loans; and credit and debit cards. In addition, the company provides investment securities, such as the U.S. Agency issues, mortgage-backed securities, and municipal bonds; and online and mobile banking, automatic teller machine, treasury management, remote deposit capture, bill pay, cashier's check, money order, and safe deposit services. It serves real estate developers and contractors, small to medium sized businesses, individuals, and professionals and professional firms through 25 retail branches located in Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties in Utah and in Preston, Idaho. The company was formerly known as People's Utah Bancorp and changed its name to Altabancorp in July 2020. Altabancorp was founded in 1905 and is headquartered in American Fork, Utah.
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Today's Range

Now: $43.49
$42.52
$43.80

50 Day Range

MA: $39.85
$34.42
$42.71

52 Week Range

Now: $43.49
$15.61
$44.67

Volume

33,436 shs

Average Volume

50,977 shs

Market Capitalization

$820.61 million

P/E Ratio

18.67

Dividend Yield

1.41%

Beta

0.99

Frequently Asked Questions

What sell-side analysts currently cover shares of Altabancorp?

The following sell-side analysts have issued stock ratings on Altabancorp in the last twelve months: Piper Sandler, Raymond James, and Zacks Investment Research.
View the latest analyst ratings for ALTA.

What is the current price target for Altabancorp?

2 Wall Street analysts have set twelve-month price targets for Altabancorp in the last year. Their average twelve-month price target is $32.50, suggesting a possible downside of 25.3%. Raymond James has the highest price target set, predicting ALTA will reach $35.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $30.00 for Altabancorp in the next year.
View the latest price targets for ALTA.

What is the current consensus analyst rating for Altabancorp?

Altabancorp currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ALTA will outperform the market and that investors should add to their positions of Altabancorp.
View the latest ratings for ALTA.

What other companies compete with Altabancorp?

How do I contact Altabancorp's investor relations team?

Altabancorp's physical mailing address is 1 EAST MAIN STREET, AMERICAN FORK UT, 84003. The company's listed phone number is 801-642-3998 and its investor relations email address is [email protected] The official website for Altabancorp is www.altabancorp.com.