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First Interstate BancSystem Inc has a consensus price target of $33.86 based on the ratings of 9 analysts. The high is $42 issued by Wells Fargo on January 30, 2023. The low is $28 issued by Wells Fargo on October 1, 2024. The 3 most-recent analyst ratings were released by Barclays, Piper Sandler, and Stephens & Co. on October 31, 2024, October 28, 2024, and October 10, 2024, respectively. With an average price target of $34 between Barclays, Piper Sandler, and Stephens & Co., there's an implied 0.50% upside for First Interstate BancSystem Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Interstate BancSys (NASDAQ:FIBK) was reported by Barclays on October 31, 2024. The analyst firm set a price target for $30.00 expecting FIBK to fall to within 12 months (a possible -11.32% downside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for First Interstate BancSys (NASDAQ:FIBK) was provided by Barclays, and First Interstate BancSys downgraded their underweight rating.
The last upgrade for First Interstate BancSystem Inc happened on February 1, 2023 when Stephens & Co. raised their price target to $43. Stephens & Co. previously had an equal-weight for First Interstate BancSystem Inc.
The last downgrade for First Interstate BancSystem Inc happened on October 31, 2024 when Barclays changed their price target from $32 to $30 for First Interstate BancSystem Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Interstate BancSys, 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 Interstate BancSys was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest First Interstate BancSys (FIBK) rating was a downgraded with a price target of $32.00 to $30.00. The current price First Interstate BancSys (FIBK) is trading at is $33.83, which is out of the analyst’s predicted range.
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