Business First Bancshares

BFSTNASDAQ
$20.88
00.00%
Last update: 4:00 PM
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$26.00
Lowest Price Target1
$26.00
Consensus Price Target1
$19.80

Business First Bancshares (NASDAQ:BFST) Stock, Analyst Ratings, Price Targets, Forecasts

Business First Bancshares Inc has a consensus price target of $19.8 based on the ratings of 12 analysis. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Stephens & Co. on January 24, 2024, October 27, 2023, and October 27, 2023, respectively. With an average price target of $24.33 between Piper Sandler, Piper Sandler, and Stephens & Co., there's an implied 16.54% upside for Business First Bancshares Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Raymond James
Stephens & Co.
Raymond James
Raymond James

1calculated from analyst ratings

Analyst Ratings for Business First Bancshares

Buy NowGet Alert
01/24/2024Buy Now24.52%Piper Sandler
Graham Dick
$23 → $26MaintainsOverweightGet Alert
01/05/2024Buy Now—Raymond James
Michael Rose
—DowngradeOutperform → Market PerformGet Alert
10/27/2023Buy Now10.15%Piper Sandler
Graham Dick
$22 → $23MaintainsOverweightGet Alert
10/27/2023Buy Now14.94%Stephens & Co.
Matt Olney
$23 → $24MaintainsOverweightGet Alert
07/28/2023Buy Now19.73%Stephens & Co.
Matt Olney
$18 → $25MaintainsOverweightGet Alert
07/28/2023Buy Now-4.21%Raymond James
Daniel Tamayo
→ $20UpgradeMarket Perform → OutperformGet Alert
01/05/2023Buy Now—Raymond James
Daniel Tamayo
—DowngradeOutperform → Market PerformGet Alert
12/13/2022Buy Now29.31%Piper Sandler
Graham Dick
→ $27Initiates → OverweightGet Alert
10/31/2022Buy Now34.1%Raymond James
Michael Rose
→ $28Initiates → OutperformGet Alert
10/28/2022Buy Now43.68%Stephens & Co.
Matt Olney
$29 → $30MaintainsOverweightGet Alert
07/07/2022Buy Now38.89%Raymond James
William Wallace
$33 → $29MaintainsStrong BuyGet Alert
10/25/2021Buy Now58.05%Raymond James
William Wallace
—UpgradeMarket Perform → Strong BuyGet Alert

FAQ

Q

What is the target price for Business First Bancshares (BFST) stock?

A

The latest price target for Business First Bancshares (NASDAQ:BFST) was reported by Piper Sandler on January 24, 2024. The analyst firm set a price target for $26.00 expecting BFST to rise to within 12 months (a possible 24.52% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Business First Bancshares (BFST)?

A

The latest analyst rating for Business First Bancshares (NASDAQ:BFST) was provided by Piper Sandler, and Business First Bancshares maintained their overweight rating.

Q

When was the last upgrade for Business First Bancshares (BFST)?

A

The last upgrade for Business First Bancshares Inc happened on July 28, 2023 when Raymond James raised their price target to $20. Raymond James previously had a market perform for Business First Bancshares Inc.

Q

When was the last downgrade for Business First Bancshares (BFST)?

A

The last downgrade for Business First Bancshares Inc happened on January 5, 2024 when Raymond James changed their price target from N/A to N/A for Business First Bancshares Inc.

Q

When is the next analyst rating going to be posted or updated for Business First Bancshares (BFST)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Business 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 Business First Bancshares was filed on January 24, 2024 so you should expect the next rating to be made available sometime around January 24, 2025.

Q

Is the Analyst Rating Business First Bancshares (BFST) correct?

A

While ratings are subjective and will change, the latest Business First Bancshares (BFST) rating was a maintained with a price target of $23.00 to $26.00. The current price Business First Bancshares (BFST) is trading at is $20.88, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch