Piper Sandler has revised its price target for Home Bancorp (HBCP, Financial), boosting it from $60 to $65, while maintaining an Overweight rating on the stock. This decision comes after Home Bancorp's impressive performance in the first quarter and consistent guidance from its management team.
The investment firm is optimistic about the bank's future, projecting more robust earnings and net interest margin growth for 2025 and 2026. Piper Sandler emphasizes that in a low-interest-rate environment, Home Bancorp remains a highly profitable small-cap bank with significant upside potential. The firm continues to prefer Home Bancorp among its small-cap bank coverage due to its strong financial performance and promising prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Home Bancorp Inc (HBCP, Financial) is $53.88 with a high estimate of $65.00 and a low estimate of $48.50. The average target implies an upside of 12.83% from the current price of $47.75. More detailed estimate data can be found on the Home Bancorp Inc (HBCP) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Home Bancorp Inc's (HBCP, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Home Bancorp Inc (HBCP, Financial) in one year is $40.59, suggesting a downside of 14.99% from the current price of $47.75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Home Bancorp Inc (HBCP) Summary page.
