First Bancshares Inc has a consensus price target of $24, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Stephens & Co., and Stephens & Co. on January 26, 2024, January 17, 2024, and October 27, 2023. With an average price target of $30.33 between Keefe, Bruyette & Woods, Stephens & Co., and Stephens & Co., there's an implied 26.92% upside for First Bancshares Inc 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
01/26/2024 | FBMS | Buy Now | First Bancshares | $23.90 | 17.15% | Keefe, Bruyette & Woods | Catherine Mealor | → $28 | Downgrade | Outperform → Market Perform | Get Alert |
01/17/2024 | FBMS | Buy Now | First Bancshares | $23.90 | 42.26% | Stephens & Co. | Matt Olney | → $34 | Reiterates | Overweight → Overweight | Get Alert |
10/27/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 21.34% | Stephens & Co. | Matt Olney | $32 → $29 | Maintains | Overweight | Get Alert |
08/29/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 42.26% | DA Davidson | Kevin Fitzsimmons | → $34 | Upgrade | Neutral → Buy | Get Alert |
07/28/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 59% | Stephens & Co. | Matt Olney | $32 → $38 | Maintains | Overweight | Get Alert |
04/27/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 38.08% | Stephens & Co. | Matt Olney | → $33 | Reiterates | → Overweight | Get Alert |
04/06/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 33.89% | Keefe, Bruyette & Woods | Catherine Mealor | $38 → $32 | Maintains | Outperform | Get Alert |
01/31/2023 | FBMS | Buy Now | First Bancshares | $23.90 | 59% | Keefe, Bruyette & Woods | Catherine Mealor | $40 → $38 | Maintains | Outperform | Get Alert |
11/09/2022 | FBMS | Buy Now | First Bancshares | $23.90 | — | Janney Montgomery Scott | Christopher Marinac | — | Upgrade | Neutral → Buy | Get Alert |
10/31/2022 | FBMS | Buy Now | First Bancshares | $23.90 | 63.18% | Stephens & Co. | Matt Olney | $36 → $39 | Maintains | Overweight | Get Alert |
07/28/2022 | FBMS | Buy Now | First Bancshares | $23.90 | — | Janney Montgomery Scott | Christopher Marinac | — | Downgrade | Buy → Neutral | Get Alert |
06/14/2021 | FBMS | Buy Now | First Bancshares | $23.90 | 86.19% | DA Davidson | Kevin Fitzsimmons | — | Downgrade | Buy → Neutral | Get Alert |
The latest price target for First Bancshares (NASDAQ: FBMS) was reported by Keefe, Bruyette & Woods on January 26, 2024. The analyst firm set a price target for $28.00 expecting FBMS to rise to within 12 months (a possible 17.15% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for First Bancshares (NASDAQ: FBMS) was provided by Keefe, Bruyette & Woods, and First Bancshares downgraded their market perform rating.
The last upgrade for First Bancshares Inc happened on August 29, 2023 when DA Davidson raised their price target to $34. DA Davidson previously had a neutral 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 January 26, 2024 so you should expect the next rating to be made available sometime around January 26, 2025.
While ratings are subjective and will change, the latest First Bancshares (FBMS) rating was a downgraded with a price target of $0.00 to $28.00. The current price First Bancshares (FBMS) is trading at is $23.90, which is within the analyst’s predicted range.
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