OFG Bancorp has a consensus price target of $49.67 based on the ratings of 3 analysts. The high is $53 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $47 issued by Piper Sandler on October 17, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Wells Fargo, and Piper Sandler on December 4, 2024, December 3, 2024, and October 17, 2024, respectively. With an average price target of $49.67 between Keefe, Bruyette & Woods, Wells Fargo, and Piper Sandler, there's an implied 14.57% 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 Keefe, Bruyette & Woods on December 4, 2024. The analyst firm set a price target for $53.00 expecting OFG to rise to within 12 months (a possible 22.26% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for OFG Bancorp (NYSE:OFG) was provided by Keefe, Bruyette & Woods, and OFG Bancorp maintained their outperform 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 December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 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 $53.00. The current price OFG Bancorp (OFG) is trading at is $43.35, which is out of the analyst’s predicted range.
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