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Financial Institutions Inc has a consensus price target of $24.33 based on the ratings of 4 analysts. The high is $29 issued by Hovde Group on October 31, 2022. The low is $19 issued by Piper Sandler on March 25, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods on July 29, 2024, April 5, 2024, and April 2, 2024, respectively. With an average price target of $22.67 between Keefe, Bruyette & Woods, there's an implied -18.41% downside for Financial Institutions Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Financial Institutions (NASDAQ:FISI) was reported by Keefe, Bruyette & Woods on July 29, 2024. The analyst firm set a price target for $25.00 expecting FISI to fall to within 12 months (a possible -10.01% downside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Financial Institutions (NASDAQ:FISI) was provided by Keefe, Bruyette & Woods, and Financial Institutions reiterated their market perform rating.
There is no last upgrade for Financial Institutions
The last downgrade for Financial Institutions Inc happened on March 25, 2024 when Piper Sandler changed their price target from $23 to $19 for Financial Institutions Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Financial Institutions, 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 Financial Institutions was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.
While ratings are subjective and will change, the latest Financial Institutions (FISI) rating was a reiterated with a price target of $20.00 to $25.00. The current price Financial Institutions (FISI) is trading at is $27.78, which is out of the analyst’s predicted range.
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