OFG Bancorp has a consensus price target of $47.5 based on the ratings of 2 analysts. The high is $48 issued by Wells Fargo on July 22, 2024. The low is $47 issued by Piper Sandler on October 17, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Wells Fargo on October 17, 2024, August 26, 2024, and July 22, 2024, respectively. With an average price target of $48 between Piper Sandler, Piper Sandler, and Wells Fargo, there's an implied 5.45% upside for OFG Bancorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for OFG Bancorp (NYSE:OFG) was reported by Piper Sandler on October 17, 2024. The analyst firm set a price target for $47.00 expecting OFG to rise to within 12 months (a possible 3.25% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for OFG Bancorp (NYSE:OFG) was provided by Piper Sandler, and OFG Bancorp maintained their overweight rating.
There is no last upgrade for OFG Bancorp
There is no last downgrade for OFG Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of OFG Bancorp, 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 OFG Bancorp was filed on October 17, 2024 so you should expect the next rating to be made available sometime around October 17, 2025.
While ratings are subjective and will change, the latest OFG Bancorp (OFG) rating was a maintained with a price target of $49.00 to $47.00. The current price OFG Bancorp (OFG) is trading at is $45.52, which is out of the analyst’s predicted range.
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