Cadence Bank (CADE, Financial) has recently garnered attention after receiving an upgrade from Piper Sandler analyst Stephen Scouten. The analyst has elevated the rating for Cadence Bank from "Neutral" to "Overweight," indicating increased confidence in the company's future performance.
In addition to the rating upgrade, Piper Sandler has also raised the price target for Cadence Bank (CADE, Financial) shares. The new price target is set at $42.00 USD, up from the previous target of $36.00 USD. This adjustment represents a 16.67% increase, highlighting the positive outlook for the stock.
The stock ticker CADE, representing Cadence Bank, is traded on the NYSE. As of July 8, 2025, these changes reflect a positive shift in analyst sentiment, potentially influencing investor interest in the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Cadence Bank (CADE, Financial) is $35.64 with a high estimate of $40.00 and a low estimate of $31.00. The average target implies an upside of 1.73% from the current price of $35.03. More detailed estimate data can be found on the Cadence Bank (CADE) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Cadence Bank's (CADE, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" 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 Cadence Bank (CADE, Financial) in one year is $34.55, suggesting a downside of 1.37% from the current price of $35.03. 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 Cadence Bank (CADE) Summary page.
