Piper Sandler Sticks to Its Buy Rating for NBT Bancorp (NBTB)

In a report released today, Mark Fitzgibbon from Piper Sandler maintained a Buy rating on NBT Bancorp, with a price target of $47.00. The company’s shares closed yesterday at $40.74.

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According to TipRanks, Fitzgibbon is a 4-star analyst with an average return of 5.3% and a 56.78% success rate. Fitzgibbon covers the Financial sector, focusing on stocks such as NBT Bancorp, Beacon Financial Corporation, and Bar Harbor Bankshares.

NBT Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $50.67, implying a 24.37% upside from current levels. In a report released on October 17, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $47.00 price target.

NBTB market cap is currently $2.14B and has a P/E ratio of 14.73.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NBTB in relation to earlier this year. Most recently, in August 2025, David Nasca, a Director at NBTB sold 19,603.00 shares for a total of $850,966.23.