NASDAQ:CATY - Cathay General Bancorp Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $26.00
  • Forecasted Upside: 7.97 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$24.08
▼ -0.15 (-0.62%)
1 month | 3 months | 12 months
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Analyst Price Target for CATY

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$26.00
▲ +7.97% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Cathay General Bancorp in the last 3 months. The average price target is $26.00, with a high forecast of $27.00 and a low forecast of $25.00. The average price target represents a 7.97% upside from the last price of $24.08.
Hold
The current consensus among 2 investment analysts is to hold stock in Cathay General Bancorp.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/5/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/1/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/26/2020

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/1/2020Piper SandlerLower Price TargetNeutral$27.00 ➝ $25.00Medium
i
Rating by Matthew Clark at Piper Sandler
6/3/2020Piper SandlerInitiated CoverageHold$28.00Medium
i
Rating by Matthew Clark at Piper Sandler
5/19/2020SunTrust BanksBoost Price TargetHold$24.00 ➝ $27.00High
i
10/17/2019WedbushLower Price TargetOutperform$40.00 ➝ $39.00High
i
7/8/2019Piper Jaffray CompaniesSet Price TargetBuy$44.00Low
i
Rating by Matthew Clark at Piper Jaffray Companies
7/20/2018Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
i
5/2/2018WedbushUpgradeNeutral ➝ Outperform$47.00 ➝ $49.00Medium
i
Rating by D. Chiaverini at Wedbush
4/19/2018DA DavidsonLower Price TargetNeutral$43.50High
i
1/31/2018BMO Capital MarketsBoost Price TargetMarket Perform$51.00High
i
1/9/2018Piper Jaffray CompaniesReiterated RatingBuy$51.00N/A
i
1/4/2018Sandler O'NeillReiterated RatingHold$45.00Low
i
12/22/2017Keefe, Bruyette & WoodsReiterated RatingHold$44.00Low
i
12/20/2017BMO Capital MarketsReiterated RatingHold$46.00Low
i
11/30/2017BMO Capital MarketsDowngradeOutperform ➝ Market Perform$45.00High
i
11/3/2017BMO Capital MarketsBoost Price TargetOutperform$44.00 ➝ $45.00N/A
i
10/26/2017Royal Bank of CanadaBoost Price TargetOutperform$43.00 ➝ $45.00N/A
i
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00N/A
i
10/5/2017BMO Capital MarketsReiterated RatingBuy$44.00N/A
i
9/1/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00Low
i
8/18/2017SunTrust BanksInitiated CoverageHold$39.00Low
i
Rating by Michael Young at SunTrust Banks, Inc.
7/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$37.00Low
i
Rating by Melissa Roberts at Keefe, Bruyette & Woods
7/20/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $43.00High
i
7/12/2017Piper Jaffray CompaniesReiterated RatingBuy$42.00Low
i
6/27/2017WedbushReiterated RatingNeutral$39.00Low
i
Rating by D. Chiaverini at Wedbush
5/22/2017Keefe, Bruyette & WoodsSet Price TargetHold$37.00Low
i
Rating by Melissa Roberts at Keefe, Bruyette & Woods
4/17/2017Piper Jaffray CompaniesLower Price TargetOverweight$43.00 ➝ $42.00Medium
i
4/3/2017Keefe, Bruyette & WoodsSet Price TargetHold$36.00Low
i
Rating by Melissa Roberts at Keefe, Bruyette & Woods
2/2/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$43.00N/A
i
7/11/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$31.00 ➝ $32.00N/A
i
7/6/2016BMO Capital MarketsReiterated RatingOutperform$33.00 ➝ $32.00N/A
i
4/21/2016DA DavidsonBoost Price TargetNeutral$30.00 ➝ $33.00N/A
i
4/15/2016Sandler O'NeillDowngradeBuy ➝ HoldN/A
i
1/21/2016Royal Bank of CanadaLower Price TargetOutperform$36.00 ➝ $33.00N/A
i
(Data available from 10/27/2015 forward)
Cathay General Bancorp logo
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for automobile, household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, and other customary bank services, as well as securities and insurance products. As of December 31, 2019, it operated 25 branches in Southern California; 13 branches in Northern California; 10 branches in New York; 3 branches in Illinois area; 4 branches in Washington; 2 branches in Texas; and 1 each branch in Maryland, Massachusetts, Nevada, New Jersey, and Hong Kong, as well as 1 representative office in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
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Today's Range

Now: $24.08
$23.52
$24.17

50 Day Range

MA: $23.00
$20.88
$25.05

52 Week Range

Now: $24.08
$17.58
$38.91

Volume

338,382 shs

Average Volume

303,408 shs

Market Capitalization

$1.92 billion

P/E Ratio

7.97

Dividend Yield

5.12%

Beta

1.47