Piper Sandler Reiterates Neutral Rating on Horizon Bancorp, Inc. (HBNC)

Market Context

Horizon Bancorp, Inc. operates in the Financial Services sector. The stock currently trades at $20.06 with a market capitalization of $941.9M. The stock has gained 25.9% over the past 52 weeks.

Analyst coverage from Piper Sandler provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Horizon Bancorp, Inc..

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Horizon Bancorp, Inc.

Among the 10 most recent ratings: 5 Buy, 5 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 24, 2026	Piper Sandler	Neutral	N/A
Jul 24, 2026	Keefe, Bruyette & Woods	Outperform	N/A
Jul 01, 2026	Stephens & Co.	Overweight	N/A
Apr 27, 2026	Piper Sandler	Neutral	N/A
Jan 23, 2026	Keefe, Bruyette & Woods	Outperform	N/A

Related Tools: Analyst Ratings Dashboard | View HBNC Stock Page