The latest price target for First Bancorp (NASDAQ:FBNC) was reported by Keefe, Bruyette & Woods on July 25, 2024. The analyst firm set a price target for $45.00 expecting FBNC to rise to within 12 months (a possible 6.76% upside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for First Bancorp (NASDAQ:FBNC) was provided by Keefe, Bruyette & Woods, and First Bancorp maintained their outperform rating.

The last upgrade for First Bancorp happened on September 14, 2023 when DA Davidson raised their price target to $34. DA Davidson previously had a neutral for First Bancorp.

The last downgrade for First Bancorp happened on July 31, 2023 when Raymond James changed their price target from N/A to N/A for First Bancorp.

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 July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

While ratings are subjective and will change, the latest First Bancorp (FBNC) rating was a maintained with a price target of $40.00 to $45.00. The current price First Bancorp (FBNC) is trading at is $42.15, which is within the analyst’s predicted range.