Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
First BanCorp has a consensus price target of $21 based on the ratings of 4 analysts. The high is $22 issued by Piper Sandler on August 26, 2024. The low is $20 issued by Wells Fargo on July 24, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Wells Fargo, and Wells Fargo on August 26, 2024, July 24, 2024, and July 9, 2024, respectively. With an average price target of $20.33 between Piper Sandler, Wells Fargo, and Wells Fargo, there's an implied -1.58% downside for First BanCorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First BanCorp (NYSE:FBP) was reported by Piper Sandler on August 26, 2024. The analyst firm set a price target for $22.00 expecting FBP to rise to within 12 months (a possible 6.49% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for First BanCorp (NYSE:FBP) was provided by Piper Sandler, and First BanCorp their neutral rating.
There is no last upgrade for First BanCorp
The last downgrade for First BanCorp happened on December 15, 2022 when Wells Fargo changed their price target from $17 to $14 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 August 26, 2024 so you should expect the next rating to be made available sometime around August 26, 2025.
While ratings are subjective and will change, the latest First BanCorp (FBP) rating was a with a price target of $0.00 to $22.00. The current price First BanCorp (FBP) is trading at is $20.66, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.