On July 17, 2025, Raymond James analyst Joseph Yanchunis made important updates regarding South Plains Financial (SPFI, Financial). The analyst reiterated the "Outperform" rating for SPFI, confirming continued confidence in the stock's performance.
In addition to maintaining the rating, Raymond James raised its price target for South Plains Financial (SPFI, Financial) from $38.00 to $42.00 USD. This adjustment reflects a 10.53% increase in the target price, indicating positive expectations for the company's future valuation.
The decision to raise the price target follows SPFI's recent developments and market performance. Investors and market watchers will be keen to observe how South Plains Financial (SPFI, Financial) meets the anticipated growth as highlighted by this updated price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for South Plains Financial Inc (SPFI, Financial) is $43.50 with a high estimate of $45.00 and a low estimate of $42.00. The average target implies an upside of 10.03% from the current price of $39.54. More detailed estimate data can be found on the South Plains Financial Inc (SPFI) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, South Plains Financial Inc's (SPFI, Financial) average brokerage recommendation is currently 2.0, 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 South Plains Financial Inc (SPFI, Financial) in one year is $31.97, suggesting a downside of 19.13% from the current price of $39.535. 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 South Plains Financial Inc (SPFI) Summary page.
