Analyst Price Target is C$19.00
▲ +9.51% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for VersaBank in the last 3 months. The average price target is C$19.00, with a high forecast of C$19.00 and a low forecast of C$19.00. The average price target represents a 9.51% upside from the last price of C$17.35.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in VersaBank.
VersaBank, a Canadian Schedule I chartered bank, became the world's first fully digital financial institution when it adopted its highly efficient business-to-business model using proprietary state-of-the art financial technology to profitably address underserved markets in pursuit of superior net interest margins while mitigating risk. It obtains all deposits and provides the majority of loans and leases electronically. Leveraging internally developed IT security software, VersaBank established Washington, DC based subsidiary, DRT Cyber Inc., to pursue large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.
Read More
