Glacier Bancorp Analyst Ratings: A Mix of Perspectives
Four analysts have provided ratings for Glacier Bancorp (GBCI) in the past three months. The ratings range from bullish to bearish, reflecting a mix of perspectives on the company’s performance and prospects.
Bullish and Bearish Ratings
The table below summarizes the recent ratings by analysts:
| Rating | Number of Analysts |
|—|—|
| Bullish | 0 |
| Somewhat Bullish | 0 |
| Indifferent | 4 |
| Somewhat Bearish | 0 |
| Bearish | 0 |
Price Targets
Analysts have also set 12-month price targets for Glacier Bancorp. The average price target is $42.75, with a high estimate of $45.00 and a low estimate of $40.00. This current average represents a 1.34% decrease from the previous average price target of $43.33.
Key Analyst Actions
Recent analyst actions include:
* Brandon King of Truist Securities lowered the rating from Hold to Sell with a price target of $40.00.
* Andrew Terrell of Stephens & Co. maintained an Equal-Weight rating with a price target of $44.00.
* Brandon King of Truist Securities raised the rating from Sell to Hold with a price target of $45.00.
Financial Performance
Glacier Bancorp’s recent financial performance has been mixed. Revenue growth has faced challenges, with a decline of -16.06% as of December 31, 2023. However, the company’s net margin remains strong at 28.41%. The company’s ROE and ROA are below industry averages, and its debt-to-equity ratio is above industry norms.
Conclusion
Analyst ratings provide insights into the perspectives of financial experts on a company’s performance and prospects. The mix of bullish and bearish ratings for Glacier Bancorp reflects the diversity of opinions among analysts. Investors should consider these ratings alongside other factors when making investment decisions.
