Unity Bancorp (UNTY, Financial) has received attention following a recent analysis from Keefe, Bruyette & Woods. Analyst David Konrad has maintained his "Outperform" rating on the stock, continuing his positive outlook from previous assessments.
In a notable update, the analyst raised the price target for Unity Bancorp (UNTY, Financial) from $55.00 to $63.00 USD. This adjustment marks a significant 14.55% increase, indicating strong potential growth for the stock in the near future.
The revised price target is based on data valid as of July 18, 2025, providing key insights into the anticipated market performance of Unity Bancorp (UNTY, Financial).
Investors and market watchers will be keen to observe how Unity Bancorp (UNTY, Financial) aligns with these projections in the coming months, as the company continues to operate under the NASDAQ exchange.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Unity Bancorp Inc (UNTY, Financial) is $60.33 with a high estimate of $63.00 and a low estimate of $58.00. The average target implies an upside of 14.70% from the current price of $52.60. More detailed estimate data can be found on the Unity Bancorp Inc (UNTY) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Unity Bancorp Inc's (UNTY, Financial) average brokerage recommendation is currently 1.7, 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 Unity Bancorp Inc (UNTY, Financial) in one year is $38.20, suggesting a downside of 27.38% from the current price of $52.6. 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 Unity Bancorp Inc (UNTY) Summary page.