1.5% Above Target

Wall Street's consensus price target for NBTB is $46, -1.5% from its current price of $46.68. The below-market target from 10 analysts suggests limited near-term appreciation.

NBTB has a consensus rating of "Hold" based on 10 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $46 implies -1.5% downside from current levels.

With a forward P/E of 11.1811x, NBTB trades at a relatively low valuation. The consensus target of $46 implies -1.5% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $49 for NBTB, while the most conservative target is $42. The consensus of $46 represents the median expectation. Our quantitative valuation model projects a bull case target of $74 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

NBTB is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 5 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month NBTB stock forecast based on 10 Wall Street analysts shows a consensus price target of $46, with estimates ranging from $42 (bear case) to $49 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $56, with bear/bull scenarios of $35/$74.

Our quantitative valuation model calculates NBTB's fair value at $56 (base case), with a bear case of $35 and bull case of $74. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 46/100.

NBTB trades at a forward P/E ratio of 11.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on NBTB, with 1 Sell ratings and a price target of $46 (-1.5% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

NBTB analyst price targets range from $42 to $49, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $46 consensus represents the middle ground. Our model's $35-$74 range provides an independent fundamental perspective.