Analyst Expectations for Cathay General's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their opinion on Cathay General (NASDAQ:CATY) stock. The average price target is $35.0, which is lower than the current price of $36.83. The current average has decreased by 7.89% from the previous average price target of $38.00.
November 06, 2023 | 1:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Analysts have a lower price target for Cathay General, which could indicate a potential downside.
The average price target given by analysts is lower than the current price of Cathay General's stock. This could indicate that they believe the stock is overvalued and may decrease in price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100