First BanCorp
(NYSE:FBP)
$17.24
-0.34[-1.93%]
At close: Apr 26
$17.24
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings were released on Tue Apr 23rd, before the market open
The most recent conference call was at 10:00 AM, 5 days ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$21.00
Lowest Price Target1
$18.00
Consensus Price Target1
$19.50

First BanCorp Stock (NYSE:FBP), Analyst Ratings, Price Targets, Predictions

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.

Analyst Trend
1
Jan
1
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Wells Fargo

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for First BanCorp

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/25/2024FBPBuy Now
First BanCorp
$17.2421.81%Keefe, Bruyette & Woods
Kelly Motta
$19 → $21MaintainsOutperformGet Alert
04/10/2024FBPBuy Now
First BanCorp
$17.244.41%Wells Fargo
Timur Braziler
$16 → $18MaintainsEqual-WeightGet Alert
01/25/2024FBPBuy Now
First BanCorp
$17.2410.21%Keefe, Bruyette & Woods
Kelly Motta
$18.5 → $19MaintainsOutperformGet Alert
10/24/2023FBPBuy Now
First BanCorp
$17.24-24.59%Wells Fargo
Timur Braziler
$12.5 → $13MaintainsEqual-WeightGet Alert
04/05/2023FBPBuy Now
First BanCorp
$17.24-27.49%Wells Fargo
Timur Braziler
$14 → $12.5MaintainsEqual-WeightGet Alert
12/15/2022FBPBuy Now
First BanCorp
$17.24-18.79%Wells Fargo
Timur Braziler
$17 → $14DowngradeOverweight → Equal-WeightGet Alert
11/09/2021FBPBuy Now
First BanCorp
$17.24-7.19%Wells Fargo
Timur Braziler
Initiates → OverweightGet Alert

FAQ

Q

What is the target price for First BanCorp (FBP)?

A

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.

Q

What is the most recent analyst rating for First BanCorp (FBP)?

A

The latest analyst rating for First BanCorp (NYSE: FBP) was provided by Keefe, Bruyette & Woods, and First BanCorp maintained their outperform rating.

Q

When was the last upgrade for First BanCorp (FBP)?

A

There is no last upgrade for First BanCorp.

Q

When was the last downgrade for First BanCorp (FBP)?

A

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.

Q

When is the next analyst rating going to be posted or updated for First BanCorp (FBP)?

A

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.

Q

Is the Analyst Rating First BanCorp (FBP) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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