Business First Bancshares Inc has a consensus price target of $25.8 based on the ratings of 5 analysts. The high is $30 issued by Raymond James on December 19, 2024. The low is $20 issued by Raymond James on July 28, 2023. The 3 most-recent analyst ratings were released by Raymond James, Piper Sandler, and Piper Sandler on December 19, 2024, January 24, 2024, and October 27, 2023, respectively. With an average price target of $26.33 between Raymond James, Piper Sandler, and Piper Sandler, there's an implied 1.40% upside for Business First Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Business First Bancshares (NASDAQ:BFST) was reported by Raymond James on December 19, 2024. The analyst firm set a price target for $30.00 expecting BFST to rise to within 12 months (a possible 15.52% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Business First Bancshares (NASDAQ:BFST) was provided by Raymond James, and Business First Bancshares upgraded their outperform rating.
The last upgrade for Business First Bancshares Inc happened on December 19, 2024 when Raymond James raised their price target to $30. Raymond James previously had a market perform for Business First Bancshares Inc.
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.
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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Business First Bancshares (BFST) rating was a upgraded with a price target of $0.00 to $30.00. The current price Business First Bancshares (BFST) is trading at is $25.97, which is within the analyst’s predicted range.
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