The latest price target for First Bancshares (NYSE:FBMS) was reported by Keefe, Bruyette & Woods on August 2, 2024. The analyst firm set a price target for $40.00 expecting FBMS to rise to within 12 months (a possible 20.85% upside). 5 analyst firms have reported ratings in the last year.

The latest analyst rating for First Bancshares (NYSE:FBMS) was provided by Keefe, Bruyette & Woods, and First Bancshares upgraded their outperform rating.

The last upgrade for First Bancshares Inc happened on August 2, 2024 when Keefe, Bruyette & Woods raised their price target to $40. Keefe, Bruyette & Woods previously had a market perform for First Bancshares Inc.

The last downgrade for First Bancshares Inc happened on January 26, 2024 when Keefe, Bruyette & Woods changed their price target from N/A to $28 for First Bancshares Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Bancshares, 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 Bancshares was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.

While ratings are subjective and will change, the latest First Bancshares (FBMS) rating was a upgraded with a price target of $31.00 to $40.00. The current price First Bancshares (FBMS) is trading at is $33.10, which is within the analyst’s predicted range.