Free Trial

South Plains Financial (SPFI) Stock Forecast & Price Target

$26.40
-0.71 (-2.62%)
(As of 05/28/2024 ET)

South Plains Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Consensus Price Target

$31.00
17.42% Upside
High Forecast$32.00
Average Forecast$31.00
Low Forecast$30.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$31.00$31.00$29.67$27.50
Forecasted Upside17.42% Upside13.78% Upside13.34% Upside18.65% Upside
Get South Plains Financial Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SPFI and its competitors with MarketBeat's FREE daily newsletter.

SPFI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SPFI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

South Plains Financial Stock vs. The Competition

TypeSouth Plains FinancialFinance CompaniesS&P 500
Consensus Rating Score
3.00
2.44
2.49
Consensus RatingBuyHoldHold
Predicted Upside17.42% Upside59.66% Upside10.87% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/26/2024Hovde Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$34.00 ➝ $32.00+20.66%
1/29/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$28.00 ➝ $31.00+8.77%
7/26/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$28.00 ➝ $30.00+14.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:10 PM ET.

SPFI Frequently Asked Questions

What is South Plains Financial's stock forecast and purchase recommendation?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for South Plains Financial is $31.00, with a high forecast of $32.00 and a low forecast of $30.00. The consensus rating for South Plains Financial stock is Buy based on the current 2 buy ratings for SPFI. Learn more on SPFI's analyst rating history.

Do Wall Street analysts like South Plains Financial more than its competitors?

Analysts like South Plains Financial more than other "finance" companies. The consensus rating for South Plains Financial is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SPFI compares to other companies.

Does South Plains Financial's stock price have much upside?

According to analysts, South Plains Financial's stock has a predicted upside of 13.78% based on their 12-month stock forecasts.

What analysts cover South Plains Financial?

South Plains Financial has been rated by research analysts at Hovde Group in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:SPFI) was last updated on 5/28/2024 by MarketBeat.com Staff

From Our Partners