12 analysts rate Cadence Bank (NYSE:CADE) a "Moderate Buy" with an average 1-year price target of $34.54.
12 firms covering Cadence Bank (NYSE:CADE) have assigned an average "Moderate Buy" rating. The average 1-year price target is $34.54. Recent analyst actions include Truist Financial raising its target to $38 and assigning a "buy" rating, Barclays increasing its target to $33 with an "equal weight" rating, and Hovde Group raising its target to $36.50 and giving an "outperform" rating. Cadence Bank reported $0.69 EPS for Q2, exceeding estimates by $0.08, and a ROE of 8.82%. The company declared a $0.25 quarterly dividend.
August 09, 2024
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