Piper Sandler (NYSE:PIPR) analyst Alexander Twerdahl maintained a Hold rating on NBT Bancorp (NASDAQ:NBTB) on Monday, setting a price target of $30, which is approximately 12.49% above the present share price of $26.67.
Twerdahl expects NBT Bancorp to post earnings per share (EPS) of $0.57 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in NBT Bancorp, with an average price target of $33.
The analysts price targets range from a high of $33 to a low of $33.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $114.73 million and a net profit of $0. The company's market cap is $1.16 billion.
According to TipRanks.com, Piper Sandler analyst Alexander Twerdahl is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.2% and a 48.97% success rate.
NBT Bancorp, Inc. is a financial holding company, which engages in the provision of banking services through its subsidiaries NBT Bank. It also offers retail, and wealth management services. The company was founded in 1986 and is headquartered in Norwich, NY.