GBCI Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Glacier Bancorp (GBCI) is showing signs of potential bullish reversal after entering oversold territory with an RSI of 29.6. The stock is trading near $45, which is close to its 52-week low of $34.35, suggesting a possible buying opportunity.
News Sentiment and Analyst Insights:
- Analyst Upgrade: Stephens upgraded GBCI from Equal Weight to Overweight, indicating a more favorable outlook.
- Fibonacci Levels: The stock is trading near the Fibonacci pivot point of $47.31, with resistance levels at $49.15 and $50.29, and support levels at $45.46 and $44.32.
Price Prediction:
Based on the oversold RSI and positive analyst sentiment, GBCI is expected to rise to $48.50 in the next trading week.
Recommendation:
Buy GBCI at the current price level of $45.58, targeting a short-term upside to $48.50.
GBCI Similar Chart Price Prediction
The price of GBCI is predicted to go up -6.09%, based on the high correlation periods with BPMC. The similarity of these two price pattern on the periods is 96.26%.
GBCI
BPMC
Down: -6.09%Similarity: 96.26%
GBCI Revenue Forecast
GBCI EPS Forecast
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GBCI Analyst's Forecast
Matthew Clark
Piper Sandler
Hold
2025-01-15
Price Target
$56 → $57
Upside
+11.87%
Piper Sandler raised the firm's price target on Glacier Bancorp to $57 from $56 and keeps a Neutral rating on the shares. The firm says the Bank of Idaho Holding deal does not come as a surprise to Piper strategically given its intent to fill-in its footprint and ability to use the relative strength of its currency to make the deal math work in what was a negotiated transaction despite the higher market premium and P/tangible book value multiple paid.
David Feaster
Raymond James
Buy
2025-01-15
Price Target
$52 → $55
Upside
+7.95%
Matthew Clark
Piper Sandler
Hold
2024-10-28
Price Target
$42 → $45
Downside
-13.53%
