Stock Yards Bancorp Inc (SYBT) Stock AnalysisSYBTStock Yards Bancorp Inc

Stock Yards Bancorp, Inc. is engaged in the business of banking through its subsidiary, Stock Yards Bank & Trust Company (the Bank). Its segments include Commercial Banking and WM&T. Commercial Banking provides a full range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, credit card services and other banking services. The Bank offers securities brokerage services via its banking center network through an arrangement with a third-party broker-dealer in the Commercial Banking segment. WM&T provides investment management, financial and retirement planning and trust and estate services, and retirement plan management for businesses and corporations in all markets in which it operates. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Stock Yards Bancorp Inc is currently trading at $75.09, which is below the average analyst price target of $87, indicating potential upside. However, the RSI is at 25.713, suggesting the stock is oversold, which could indicate a rebound in the near term. The recent 5-day change of -4.51% and 20-day change of -5.83% reflect a downward trend, which raises caution for immediate buying. Therefore, while there is potential for recovery, the current momentum suggests holding rather than buying.

5 analysts cover SYBT: 0 rate it Buy, 5 Hold and 0 Sell. The average price target is 79.00.