First Guaranty Bancshares Inc has a consensus price target of $11.25 based on the ratings of 3 analysts. The high is $13 issued by DA Davidson on July 12, 2023. The low is $9.5 issued by Piper Sandler on November 8, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, DA Davidson, and Piper Sandler on November 8, 2023, July 12, 2023, and February 8, 2023, respectively. With an average price target of $14.5 between Piper Sandler, DA Davidson, and Piper Sandler, there's an implied 37.44% upside for First Guaranty Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Guaranty Bancshares (NASDAQ:FGBI) was reported by Piper Sandler on November 8, 2023. The analyst firm set a price target for $9.50 expecting FGBI to fall to within 12 months (a possible -9.95% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for First Guaranty Bancshares (NASDAQ:FGBI) was provided by Piper Sandler, and First Guaranty Bancshares downgraded their underweight rating.
There is no last upgrade for First Guaranty Bancshares
The last downgrade for First Guaranty Bancshares Inc happened on November 8, 2023 when Piper Sandler changed their price target from $12 to $9.5 for First Guaranty Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Guaranty 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 First Guaranty Bancshares was filed on November 8, 2023 so you should expect the next rating to be made available sometime around November 8, 2024.
While ratings are subjective and will change, the latest First Guaranty Bancshares (FGBI) rating was a downgraded with a price target of $12.00 to $9.50. The current price First Guaranty Bancshares (FGBI) is trading at is $10.55, which is out of the analyst’s predicted range.
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