Horizon Bancorp traded at $16.84 this Friday February 27th, decreasing $0.79 or 4.48 percent since the previous trading session. Looking back, over the last four weeks, Horizon Bancorp lost 2.38 percent. Over the last 12 months, its price fell by 1.17 percent. Looking ahead, we forecast Horizon Bancorp to be priced at 17.52 by the end of this quarter and at 15.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
Horizon Bancorp, Inc. (Horizon) is a bank holding company. Horizon provides a range of banking services in northern and central Indiana and southern and central Michigan through its bank subsidiary, Horizon Bank (Horizon Bank or the Bank), and other affiliated entities and Horizon Risk Management, Inc. Horizon is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. Its wholly owned Horizon Risk Management, Inc. is a captive insurance company. Its loan portfolio consists of commercial loans, real estate loans and mortgage warehouse loans. Horizon's retail offerings include prime residential, indirect auto, and other secured consumer lending to in market customers, as well as a range of personal banking and wealth management solutions. It also provides business banking and treasury management services.