First BanCorp has a consensus price target of $19.5, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Wells Fargo, and Keefe, Bruyette & Woods on April 25, 2024, April 10, 2024, and January 25, 2024. With an average price target of $19.33 between Keefe, Bruyette & Woods, Wells Fargo, and Keefe, Bruyette & Woods, there's an implied 12.14% upside for First BanCorp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/25/2024 | FBP | Buy Now | First BanCorp | $17.24 | 21.81% | Keefe, Bruyette & Woods | Kelly Motta | $19 → $21 | Maintains | Outperform | Get Alert |
04/10/2024 | FBP | Buy Now | First BanCorp | $17.24 | 4.41% | Wells Fargo | Timur Braziler | $16 → $18 | Maintains | Equal-Weight | Get Alert |
01/25/2024 | FBP | Buy Now | First BanCorp | $17.24 | 10.21% | Keefe, Bruyette & Woods | Kelly Motta | $18.5 → $19 | Maintains | Outperform | Get Alert |
10/24/2023 | FBP | Buy Now | First BanCorp | $17.24 | -24.59% | Wells Fargo | Timur Braziler | $12.5 → $13 | Maintains | Equal-Weight | Get Alert |
04/05/2023 | FBP | Buy Now | First BanCorp | $17.24 | -27.49% | Wells Fargo | Timur Braziler | $14 → $12.5 | Maintains | Equal-Weight | Get Alert |
12/15/2022 | FBP | Buy Now | First BanCorp | $17.24 | -18.79% | Wells Fargo | Timur Braziler | $17 → $14 | Downgrade | Overweight → Equal-Weight | Get Alert |
11/09/2021 | FBP | Buy Now | First BanCorp | $17.24 | -7.19% | Wells Fargo | Timur Braziler | — | Initiates | → Overweight | Get Alert |
The latest price target for First BanCorp (NYSE: FBP) was reported by Keefe, Bruyette & Woods on April 25, 2024. The analyst firm set a price target for $21.00 expecting FBP to rise to within 12 months (a possible 21.81% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for First BanCorp (NYSE: FBP) was provided by Keefe, Bruyette & Woods, and First BanCorp maintained their outperform rating.
There is no last upgrade for First BanCorp.
The last downgrade for First BanCorp happened on December 15, 2022 when Wells Fargo changed their price target from $17 to $14 for First BanCorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First BanCorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for First BanCorp was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
While ratings are subjective and will change, the latest First BanCorp (FBP) rating was a maintained with a price target of $19.00 to $21.00. The current price First BanCorp (FBP) is trading at is $17.24, which is out of the analyst’s predicted range.
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