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NASDAQ: CNOB
Connectone Bancorp Inc Stock Forecast, Predictions & Price Target

Analyst price target for CNOB

Based on 2 analysts offering 12 month price targets for Connectone Bancorp Inc.
Min Forecast
$24.00+35.44%
Avg Forecast
$25.00+41.08%
Max Forecast
$26.00+46.73%

Should I buy or sell CNOB stock?

Based on 2 analysts offering ratings for Connectone Bancorp Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CNOB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Bottom 11%
11
Strong BuyUpgrades$26.00+46.73%2023-07-31
Keefe, Bruyette & Woods
Top 16%
85
BuyMaintains$24.00+35.44%2023-05-01

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Forecast return on equity

Is CNOB forecast to generate an efficient return?
Company
10.29%
Industry
253.52%
Market
33.95%
CNOB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNOB forecast to generate an efficient return on assets?
Company
1.27%
Industry
20.71%
CNOB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNOB vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
CNOB$17.72$25.00+41.08%Strong Buy
BANC$12.15$17.00+39.92%Strong Buy
TMP$48.93$55.00+12.41%Hold
CFFN$4.92$7.50+52.44%Hold
EGBN$21.71$33.50+54.31%Hold

Connectone Bancorp Stock Forecast FAQ

Is Connectone Bancorp Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: CNOB) stock is to Strong Buy CNOB stock.

Out of 2 analysts, 1 (50%) are recommending CNOB as a Strong Buy, 1 (50%) are recommending CNOB as a Buy, 0 (0%) are recommending CNOB as a Hold, 0 (0%) are recommending CNOB as a Sell, and 0 (0%) are recommending CNOB as a Strong Sell.

If you're new to stock investing, here's how to buy Connectone Bancorp stock.

What is CNOB's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: CNOB) forecast ROE is 10.29%, which is considered weak.

What is CNOB's Price Target?

According to 2 Wall Street analysts that have issued a 1 year CNOB price target, the average CNOB price target is $25.00, with the highest CNOB stock price forecast at $26.00 and the lowest CNOB stock price forecast at $24.00.

On average, Wall Street analysts predict that Connectone Bancorp's share price could reach $25.00 by Jul 31, 2024. The average Connectone Bancorp stock price prediction forecasts a potential upside of 41.08% from the current CNOB share price of $17.72.

What is CNOB's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: CNOB) forecast ROA is 1.27%, which is lower than the forecast US Banks - Regional industry average of 20.71%.
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