PriceTargets.com logo

Horizon Bancorp - HBNC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $17.75
  • Forecasted Upside: 63.29%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$10.87 As of 03/24/2023 01:00 AM ET
▲ +0.56 (5.43%)

This chart shows the closing price for HBNC by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Horizon Bancorp Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for HBNC and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for HBNC

Analyst Price Target is $17.75
▲ +63.29% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Horizon Bancorp in the last 3 months. The average price target is $17.75, with a high forecast of $18.00 and a low forecast of $17.00. The average price target represents a 63.29% upside from the last price of $10.87.

This chart shows the closing price for HBNC for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 4 contributing investment analysts is to buy stock in Horizon Bancorp. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/22/2023Piper SandlerDowngradeOverweight ➝ Neutral$17.00Low
1/27/2023Raymond JamesLower TargetOutperform$19.00 ➝ $18.00Low
11/1/2022Piper SandlerLower Target$18.00Low
10/31/2022StephensLower TargetOverweight$25.50 ➝ $18.00Low
10/28/2022Raymond JamesLower TargetOutperform$23.00 ➝ $19.00Low
10/27/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$23.00 ➝ $18.00Low
8/23/2022StephensBoost Target$25.50Low
7/7/2022Raymond JamesDowngradeStrong-Buy ➝ Outperform$23.00 ➝ $22.00N/A
12/3/2021Raymond JamesBoost TargetStrong-Buy$24.00 ➝ $25.00Medium
10/29/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$21.00 ➝ $24.00Medium
8/26/2021Raymond JamesBoost TargetOutperform$20.00 ➝ $21.00Low
7/29/2021Raymond JamesLower TargetOutperform$22.00 ➝ $20.00Low
2/1/2021Raymond JamesBoost TargetOutperform$14.00 ➝ $19.00Low
10/30/2020Raymond JamesBoost TargetOutperform$13.00 ➝ $14.00Medium
5/4/2020Piper SandlerBoost TargetOverweight$14.00 ➝ $14.50Low
12/19/2018StephensReiterated RatingBuy$20.00High
11/1/2018Raymond JamesLower TargetOutperform ➝ Outperform$23.00 ➝ $20.00Low
7/27/2018StephensReiterated RatingBuy$24.00Low
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.51 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 6 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 6 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Horizon Bancorp logo
Horizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. It offers personal banking, business banking, investment and trust, and mortgage services. The company was founded in 1873 and is headquartered in Michigan City, IN.
Read More

Today's Range

Now: $10.87
Low: $10.19
High: $10.93

50 Day Range

MA: $14.55
Low: $10.31
High: $16.32

52 Week Range

Now: $10.87
Low: $10.15
High: $20.64

Volume

348,353 shs

Average Volume

401,879 shs

Market Capitalization

$473.71 million

P/E Ratio

5.08

Dividend Yield

6.21%

Beta

0.92

Frequently Asked Questions

What sell-side analysts currently cover shares of Horizon Bancorp?

The following equities research analysts have issued reports on Horizon Bancorp in the last twelve months: Keefe, Bruyette & Woods, Piper Sandler, Raymond James, Stephens, and StockNews.com.
View the latest analyst ratings for HBNC.

What is the current price target for Horizon Bancorp?

4 Wall Street analysts have set twelve-month price targets for Horizon Bancorp in the last year. Their average twelve-month price target is $17.75, suggesting a possible upside of 63.3%. Raymond James has the highest price target set, predicting HBNC will reach $18.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $17.00 for Horizon Bancorp in the next year.
View the latest price targets for HBNC.

What is the current consensus analyst rating for Horizon Bancorp?

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

What other companies compete with Horizon Bancorp?

Other companies that are similar to Horizon Bancorp include First Financial, Farmers National Banc, Mercantile Bank, Central Pacific Financial and Capital City Bank Group. Learn More about companies similar to Horizon Bancorp.

How do I contact Horizon Bancorp's investor relations team?

Horizon Bancorp's physical mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The financial services provider's listed phone number is (219) 879-0211. The official website for Horizon Bancorp is www.horizonbank.com. Learn More about contacing Horizon Bancorp investor relations.