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First Busey Corp has a consensus price target of $27.43 based on the ratings of 7 analysts. The high is $33 issued by Keefe, Bruyette & Woods on August 28, 2024. The low is $23 issued by Piper Sandler on November 28, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Keefe, Bruyette & Woods on October 14, 2024, August 29, 2024, and August 28, 2024, respectively. With an average price target of $30.33 between Stephens & Co., Stephens & Co., and Keefe, Bruyette & Woods, there's an implied 14.60% upside for First Busey Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Busey (NASDAQ:BUSE) was reported by Stephens & Co. on October 14, 2024. The analyst firm set a price target for $27.00 expecting BUSE to rise to within 12 months (a possible 2.00% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for First Busey (NASDAQ:BUSE) was provided by Stephens & Co., and First Busey downgraded their equal-weight rating.
The last upgrade for First Busey Corp happened on January 31, 2022 when Raymond James raised their price target to $31. Raymond James previously had a market perform for First Busey Corp.
The last downgrade for First Busey Corp happened on October 14, 2024 when Stephens & Co. changed their price target from $28 to $27 for First Busey Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Busey, 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 Busey was filed on October 14, 2024 so you should expect the next rating to be made available sometime around October 14, 2025.
While ratings are subjective and will change, the latest First Busey (BUSE) rating was a downgraded with a price target of $28.00 to $27.00. The current price First Busey (BUSE) is trading at is $26.47, which is out of the analyst’s predicted range.
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