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Seacoast Banking Co. of Florida (SBCF) Stock Forecast & Price Target

$27.50
+0.04 (+0.15%)
(As of 07/19/2024 ET)

Seacoast Banking Co. of Florida - 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

Based on 5 Wall Street analysts who have issued ratings for Seacoast Banking Co. of Florida in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for SBCF.

Consensus Price Target

$26.10
-5.09% Downside
High Forecast$29.00
Average Forecast$26.10
Low Forecast$23.00

According to the 5 analysts' twelve-month price targets for Seacoast Banking Co. of Florida, the average price target is $26.10. The highest price target for SBCF is $29.00, while the lowest price target for SBCF is $23.00. The average price target represents a forecasted downside of -5.09% from the current price of $27.50.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 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$26.10$26.30$25.63$27.25
Forecasted Upside-5.09% Downside10.62% Upside4.51% Upside15.20% Upside
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SBCF 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.
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SBCF 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.
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Seacoast Banking Co. of Florida Stock vs. The Competition

TypeSeacoast Banking Co. of FloridaFinance CompaniesS&P 500
Consensus Rating Score
2.60
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-5.09% Downside37.74% Upside10.06% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/8/2024Truist Financial
1 of 5 stars
 Lower TargetHold ➝ Hold$25.00 ➝ $24.00+3.67%
5/31/2024Keefe, Bruyette & Woods
4 of 5 stars
W. Lay
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UpgradeMarket Perform ➝ Outperform$26.00 ➝ $27.00+18.47%
4/29/2024Hovde Group
3 of 5 stars
 Lower TargetOutperform$31.00 ➝ $29.00+24.04%
1/30/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$23.00 ➝ $27.50+4.05%
9/12/2023Stephens
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 Initiated CoverageEqual Weight$23.00+0.44%
5/1/2023Piper Sandler
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 Lower Target$29.00 ➝ $25.00+12.66%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:26 AM ET.

SBCF Forecast - Frequently Asked Questions

What is Seacoast Banking Co. of Florida's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Seacoast Banking Co. of Florida is $26.10, with a high forecast of $29.00 and a low forecast of $23.00.

Should I buy or sell Seacoast Banking Co. of Florida stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SBCF shares.

Does Seacoast Banking Co. of Florida's stock price have much upside?

According to analysts, Seacoast Banking Co. of Florida's stock has a predicted upside of 9.99% based on their 12-month stock forecasts.

Has Seacoast Banking Co. of Florida been upgraded by Wall Street analysts recently?

Over the previous 90 days, Seacoast Banking Co. of Florida's stock had 1 upgrade by analysts.

What analysts cover Seacoast Banking Co. of Florida?

Seacoast Banking Co. of Florida has been rated by research analysts at Hovde Group, Keefe, Bruyette & Woods, and Truist Financial in the past 90 days.

Do Wall Street analysts like Seacoast Banking Co. of Florida more than its competitors?

Analysts like Seacoast Banking Co. of Florida more than other "finance" companies. The consensus rating for Seacoast Banking Co. of Florida is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SBCF compares to other companies.


This page (NASDAQ:SBCF) was last updated on 7/21/2024 by MarketBeat.com Staff

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