The recent offering for Civista Bancshares (CIVB, Financial) has been set at a price below its last closing mark of $24.82. Piper Sandler is leading the effort as the solitary book-running manager for this financial offering.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Civista Bancshares Inc (CIVB, Financial) is $25.67 with a high estimate of $28.00 and a low estimate of $24.00. The average target implies an upside of 3.41% from the current price of $24.82. More detailed estimate data can be found on the Civista Bancshares Inc (CIVB) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Civista Bancshares Inc's (CIVB, Financial) average brokerage recommendation is currently 2.2, 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 Civista Bancshares Inc (CIVB, Financial) in one year is $21.27, suggesting a downside of 14.3% from the current price of $24.82. 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 Civista Bancshares Inc (CIVB) Summary page.
