Heartland Financial USA, Inc. (NASDAQ:HTLF) Receives $39.80 Average Price Target from Analysts

Heartland Financial USA, Inc. (NASDAQ: HTLF) is a financial services company headquartered in Dubuque, Iowa. The company operates through its subsidiary, Heartland Bank and Trust Company, which provides various commercial and consumer banking services. As of March 31, 2023, Heartland Financial USA had total assets of approximately $15.5 billion and total deposits of over $12.5 billion.

According to MarketBeat, a financial data platform that aggregates analyst ratings and earnings information, five research analysts are currently covering the stock of Heartland Financial USA, Inc. The consensus rating for the stock is "Moderate Buy," which means that the analysts generally believe that the stock is a good buy but with some reservations.

Two of the analysts covering the stock have assigned a "Hold" rating to HTLF. A hold rating indicates that the analyst believes that the stock is a neutral investment and that investors should maintain their current position in the stock or consider other investment opportunities.

Two other analysts have given a "Buy" rating to the stock, indicating that they believe that the stock is a good investment opportunity and that investors should consider buying the stock. One analyst has issued a "Strong Buy" rating, which is a more aggressive recommendation that suggests that the stock is undervalued and that investors should consider buying it aggressively.

The average price target for the stock among the five analysts is $39.80. A price target is an analyst's estimate of the stock's future price based on their analysis of the company's financial and business fundamentals. The price target represents the analyst's opinion of what they believe the stock is worth and can help investors determine whether the stock is undervalued or overvalued based on the analyst's analysis.

It is important to note that analyst ratings and price targets are not guarantees and should not be the sole basis for investment decisions. Investors should consider other factors, such as the company's financial statements, industry trends, and economic conditions, before making investment decisions.