Business First Bancshares Stock (NASDAQ:BFST), Analyst Ratings, Price Targets, Predictions

The latest price target for Business First Bancshares (NASDAQ: BFST) was reported by Piper Sandler on January 24, 2024. The analyst firm set a price target for $26.00 expecting BFST to rise to within 12 months (a possible 26.40% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Business First Bancshares (NASDAQ: BFST) was provided by Piper Sandler, and Business First Bancshares maintained their overweight rating.

The last upgrade for Business First Bancshares Inc happened on July 28, 2023 when Raymond James raised their price target to $20. Raymond James previously had a market perform for Business First Bancshares Inc.

The last downgrade for Business First Bancshares Inc happened on January 5, 2024 when Raymond James changed their price target from N/A to N/A for Business 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 Business 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 Business First Bancshares was filed on January 24, 2024 so you should expect the next rating to be made available sometime around January 24, 2025.

While ratings are subjective and will change, the latest Business First Bancshares (BFST) rating was a maintained with a price target of $23.00 to $26.00. The current price Business First Bancshares (BFST) is trading at is $20.57, which is out of the analyst’s predicted range.