S&T Bancorp Inc. (STBA) shares have surpassed the average 12-month analyst target price of $41.40, trading at $41.94 per share. This significant price movement raises questions about potential analyst responses, which may involve either downgrading the stock’s valuation or adjusting the target price upward based on recent company developments.
The analyst coverage for S&T Bancorp includes a range of target prices, with one analyst setting a lower target of $39.00 and another as high as $45.00. The current analyst consensus indicates no strong buy or buy ratings, with seven hold ratings resulting in an average rating of 3.0, based on a scale where 1 is Strong Buy and 5 is Strong Sell.
