Roth Capital Upgrades VBNK to Buy with New $25 Target
Roth Capital upgraded VBNK to a buy rating, setting a $25 price target, a 15.79% upside from the current price.
Key Points
- Roth Capital upgraded VBNK to a buy rating with a new price target of $25 on June 30, 2026.
- Roth Capital's $25 price target implies 15.79% upside from VersaBank's ($VBNK) current $21.59 share price.
- VBNK shares traded at $21.59 on Tuesday, reflecting the market's reaction to the analyst upgrade.
- AllianceBernstein L.P. reduced its VBNK holdings by 13,686 shares, while TCW Group Inc increased its position by 37,000 shares.
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On June 30, 2026, Roth Capital's analyst Craig Irwin raised the rating for VBNK to a buy, setting a new price target of $25. This upgrade reflects a positive outlook on the company's future performance.
Roth Capital vs. the S&P 500
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Other Institutional Activity in VBNK
Several institutional investors adjusted their positions in VBNK. AllianceBernstein L.P. reduced its holdings by 13,686 shares, ending with 2,972,394 shares valued at about $44.5 million. CIBC World Market Inc. added 7,326 shares, bringing its total to 1,189,057 shares worth approximately $16.9 million. Mendon Capital Advisors Corp decreased its position by 112,452 shares, now holding 945,241 shares valued at around $13.4 million. Meanwhile, Curi Capital, LLC increased its stake by 21,614 shares to 805,084 shares, valued at about $11.4 million. TCW Group Inc also boosted its holdings by 37,000 shares to 711,277 shares, worth roughly $10.1 million.
VersaBank Stock Up 8.8%
Shares of VBNK traded near $21.59 on Tuesday. The market responded to Roth Capital's rating upgrade, which may influence investor sentiment further.
$VBNK price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Analysts Set New Price Targets
On June 30, 2026, Roth Capital upgraded VBNK to a buy rating with a new price target of $25. Previously, Roth Capital had maintained a hold rating with a $13 target on December 11, 2025. Raymond James reiterated a buy rating with a $13 target on June 5, 2025, while Keefe, Bruyette & Woods initiated coverage with a buy rating and a $22 target on August 29, 2024.
Bottom Line
Roth Capital's upgrade of VBNK to a buy rating with a $25 price target underscores a positive outlook for the company. Investors often track such analyst actions closely, as they can signal potential changes in market perception. While the analyst rating reflects confidence in VBNK, it's important to remember that these insights are backward-looking and may not reflect current market conditions.
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