OFG Bancorp has a consensus price target of $40, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Wells Fargo, and Wells Fargo on April 10, 2024, January 29, 2024, and July 21, 2023. With an average price target of $39.33 between Wells Fargo, Wells Fargo, and Wells Fargo, there's an implied 6.39% upside for OFG 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
04/10/2024 | OFG | Buy Now | OFG Bancorp | $36.97 | 8.2% | Wells Fargo | Timur Braziler | $41 → $40 | Maintains | Overweight | Get Alert |
01/29/2024 | OFG | Buy Now | OFG Bancorp | $36.97 | 10.9% | Wells Fargo | Timur Braziler | $40 → $41 | Maintains | Overweight | Get Alert |
07/21/2023 | OFG | Buy Now | OFG Bancorp | $36.97 | 0.08% | Wells Fargo | Timur Braziler | $32 → $37 | Maintains | Overweight | Get Alert |
04/05/2023 | OFG | Buy Now | OFG Bancorp | $36.97 | -13.44% | Wells Fargo | Timur Braziler | $35 → $32 | Maintains | Overweight | Get Alert |
01/04/2022 | OFG | Buy Now | OFG Bancorp | $36.97 | -10.74% | Wells Fargo | Timur Braziler | $31 → $33 | Maintains | Overweight | Get Alert |
11/09/2021 | OFG | Buy Now | OFG Bancorp | $36.97 | -16.15% | Wells Fargo | Timur Braziler | — | Initiates | → Overweight | Get Alert |
The latest price target for OFG Bancorp (NYSE: OFG) was reported by Wells Fargo on April 10, 2024. The analyst firm set a price target for $40.00 expecting OFG to rise to within 12 months (a possible 8.20% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for OFG Bancorp (NYSE: OFG) was provided by Wells Fargo, and OFG Bancorp maintained their overweight rating.
There is no last upgrade for OFG Bancorp.
There is no last downgrade for OFG Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of OFG 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 OFG Bancorp was filed on April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.
While ratings are subjective and will change, the latest OFG Bancorp (OFG) rating was a maintained with a price target of $41.00 to $40.00. The current price OFG Bancorp (OFG) is trading at is $36.97, which is out of the analyst’s predicted range.
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