Cambridge Bancorp (CATC)
NASDAQ: CATC · IEX Real-Time Price · USD
69.91
+0.34 (0.49%)
May 17, 2024, 4:00 PM EDT - Market closed
Cambridge Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Cambridge Bancorp stock has a target of 65, which predicts a decrease of -7.02% from the current stock price of 69.91.
Analyst Consensus: Buy
* Price targets were last updated on Jul 18, 2023.
Analyst Ratings
The average analyst rating for CATC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 3 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 6, 2023 |
Piper Sandler | Piper Sandler | Buy → Hold Downgrades $65 | Buy → Hold | Downgrades | $65 | -7.02% | Jul 18, 2023 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $62 → $85 | Hold | Maintains | $62 → $85 | +21.58% | Apr 27, 2023 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $93 → $85 | Buy | Maintains | $93 → $85 | +21.58% | Apr 6, 2023 |
Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades $87 | Strong Buy → Hold | Downgrades | $87 | +24.45% | Feb 16, 2023 |
Financial Forecast
Revenue This Year
163.88M
from 161.63M
Increased by 1.39%
Revenue Next Year
188.80M
from 163.88M
Increased by 15.21%
EPS This Year
4.52
from 4.34
Increased by 4.12%
EPS Next Year
6.52
from 4.52
Increased by 44.24%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 168.7M | 194.4M |
Avg | 163.9M | 188.8M |
Low | 157.5M | 181.4M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 4.4% | 18.6% |
Avg | 1.4% | 15.2% |
Low | -2.6% | 10.7% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 4.76 | 6.71 |
Avg | 4.52 | 6.52 |
Low | 4.24 | 6.26 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 9.6% | 48.5% |
Avg | 4.1% | 44.2% |
Low | -2.2% | 38.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.