Expert Outlook: First BanCorp Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on First BanCorp (NYSE:FBP), with recent ratings showing a neutral stance. The average 12-month price target is $21.25, slightly down from previous estimates. Despite revenue challenges, First BanCorp maintains strong financial health with high net margins and efficient asset use.
October 24, 2024 | 3:00 pm
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First BanCorp (NYSE:FBP) has received mixed analyst ratings, with a neutral stance prevailing. The average price target is $21.25, slightly lower than before. Despite a revenue decline, the company shows strong financial health with high net margins and efficient asset use.
The article highlights mixed analyst ratings for FBP, with a neutral stance and a slight decrease in price targets. Despite revenue challenges, FBP's strong financial metrics like high net margins and efficient asset use suggest stability, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100