First Community Bankshares Inc has a consensus price target of $35.5 based on the ratings of 2 analysts. The high is $38 issued by Hovde Group on June 28, 2024. The low is $33 issued by Piper Sandler on July 31, 2023. The 3 most-recent analyst ratings were released by Hovde Group, Piper Sandler, and Piper Sandler on June 28, 2024, July 31, 2023, and December 5, 2022, respectively. With an average price target of $36 between Hovde Group, Piper Sandler, and Piper Sandler, there's an implied -23.11% downside for First Community Bankshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Community (NASDAQ:FCBC) was reported by Hovde Group on June 28, 2024. The analyst firm set a price target for $38.00 expecting FCBC to fall to within 12 months (a possible -18.84% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for First Community (NASDAQ:FCBC) was provided by Hovde Group, and First Community initiated their market perform rating.
There is no last upgrade for First Community
The last downgrade for First Community Bankshares Inc happened on January 31, 2022 when Piper Sandler changed their price target from $37 to $35 for First Community Bankshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Community, 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 Community was filed on June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.
While ratings are subjective and will change, the latest First Community (FCBC) rating was a initiated with a price target of $0.00 to $38.00. The current price First Community (FCBC) is trading at is $46.82, which is out of the analyst’s predicted range.
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