On June 27, 2025, S&T Bancorp (STBA, Financial), a leading financial services company, saw its stock coverage initiated by Hovde Group. The analyst David Bishop took the step of launching the coverage with a "Market Perform" rating.
Alongside the coverage initiation, Hovde Group announced a price target for S&T Bancorp (STBA, Financial) set at USD 41.00. This is the first price target set by the analyst for this stock, as there was no prior price target to compare against.
This new analysis on S&T Bancorp (STBA, Financial) adds to the competitive landscape of analyst ratings and projections, giving investors another perspective on the stock's potential performance. Investors are advised to consider this action while making their investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for S&T Bancorp Inc (STBA, Financial) is $40.75 with a high estimate of $43.00 and a low estimate of $40.00. The average target implies an upside of 7.27% from the current price of $37.99. More detailed estimate data can be found on the S&T Bancorp Inc (STBA) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, S&T Bancorp Inc's (STBA, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for S&T Bancorp Inc (STBA, Financial) in one year is $35.89, suggesting a downside of 5.53% from the current price of $37.99. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the S&T Bancorp Inc (STBA) Summary page.
