5 Analysts Assess NBT Bancorp: What You Need To Know
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on NBT Bancorp (NASDAQ:NBTB), showing a mix of bullish to indifferent sentiments. The average 12-month price target is now $41.6, down from $42.33, with individual targets ranging from $39.00 to $45.00. Analyst actions include both upgrades and downgrades, reflecting a nuanced view of the company's prospects. NBT Bancorp's financial performance is highlighted by strong revenue growth and net margin, but challenges in ROE and ROA. The company's debt management is seen positively, with a lower than average debt-to-equity ratio.
March 21, 2024 | 12:01 pm
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NBT Bancorp has received mixed analyst ratings with a new average price target of $41.6, reflecting a slight decrease. The company's financial performance shows strong revenue growth and net margin, but faces challenges in ROE and ROA.
The mixed analyst ratings and slight decrease in the average price target suggest a cautious outlook for NBT Bancorp in the short term. However, the company's strong revenue growth and net margin are positive indicators. Challenges in ROE and ROA may concern investors, but the company's effective debt management and lower than average debt-to-equity ratio could mitigate some risks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100