Risk factor
Critical default risk
Profitability factor
Solid dividends
About
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate...
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, overpriced on P/RIBP.
Target Price
The average target price of HBNC is 20 and suggests 27% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
