NASDAQ:SRCE - 1st Source Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $44.00
  • Forecasted Upside: -3.55 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$45.62
▼ -1.38 (-2.94%)
1 month | 3 months | 12 months
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Analyst Price Target for SRCE

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.
$44.00
▼ -3.55% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for 1st Source in the last 3 months. The average price target is $44.00, with a high forecast of $44.00 and a low forecast of $44.00. The average price target represents a -3.55% upside from the last price of $45.62.
Buy
The current consensus among 1 contributing investment analysts is to buy stock in 1st Source. This rating has held steady since July 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/20/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/21/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/26/2020Piper SandlerBoost Price TargetOverweight$40.00 ➝ $44.00High
i
7/27/2020Piper SandlerBoost Price TargetOverweight$42.00 ➝ $43.00Low
i
11/18/2019DA DavidsonReiterated RatingNeutralLow
i
Rating by D. Konrad at DA Davidson
1/9/2018Piper Jaffray CompaniesReiterated RatingBuy$59.00N/A
i
Rating by Nathan Rice at Piper Jaffray Companies
12/22/2017Keefe, Bruyette & WoodsReiterated RatingHold$53.00Low
i
10/23/2017DA DavidsonReiterated RatingHold$53.00N/A
i
10/6/2017Piper Jaffray CompaniesSet Price TargetBuy$55.00N/A
i
Rating by Nathan Rice at Piper Jaffray Companies
10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
i
7/26/2017Piper Jaffray CompaniesSet Price TargetBuy$55.00Medium
i
7/23/2017Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
i
1/12/2017Piper Jaffray CompaniesInitiated CoverageOverweight$47.00N/A
i
7/21/2016DA DavidsonInitiated CoverageNeutral$36.00N/A
i
Rating by K. Reevey at DA Davidson
(Data available from 4/21/2016 forward)
1st Source logo
1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for new and used aircraft, auto and light trucks, construction equipment, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, vans, automobiles, motor coaches, shuttle buses, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. As of December 31, 2020, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
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Today's Range

Now: $45.62
$45.39
$46.62

50 Day Range

MA: $47.65
$44.82
$50.18

52 Week Range

Now: $45.62
$26.72
$50.38

Volume

37,677 shs

Average Volume

79,146 shs

Market Capitalization

$1.19 billion

P/E Ratio

15.21

Dividend Yield

2.47%

Beta

1.15

Frequently Asked Questions

What sell-side analysts currently cover shares of 1st Source?

The following Wall Street sell-side analysts have issued reports on 1st Source in the last year: Piper Sandler, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for SRCE.

What is the current price target for 1st Source?

1 Wall Street analysts have set twelve-month price targets for 1st Source in the last year. Their average twelve-month price target is $44.00, suggesting a possible downside of 3.6%. Piper Sandler has the highest price target set, predicting SRCE will reach $44.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $44.00 for 1st Source in the next year.
View the latest price targets for SRCE.

What is the current consensus analyst rating for 1st Source?

1st Source currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SRCE will outperform the market and that investors should add to their positions of 1st Source.
View the latest ratings for SRCE.

What other companies compete with 1st Source?

How do I contact 1st Source's investor relations team?

1st Source's physical mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The financial services provider's listed phone number is 574-235-2000 and its investor relations email address is [email protected] The official website for 1st Source is www.1stsource.com.