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OFG Bancorp
OFGNYSE
OFG Bancorp (NYSE:OFG) Stock, Analyst Ratings, Price Targets, Forecasts
OFG Bancorp has a consensus price target of $48 based on the ratings of 1 analysts. The high is $48 issued by Wells Fargo on July 22, 2024. The low is $48 issued by Wells Fargo on July 22, 2024. The 3 most-recent analyst ratings were released by Wells Fargo on July 22, 2024, April 10, 2024, and January 29, 2024, respectively. With an average price target of $43 between Wells Fargo, there's an implied -5.18% downside for OFG Bancorp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
1calculated from analyst ratings
Analyst Ratings for OFG Bancorp
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/22/2024 | Buy Now | 5.84% | Wells Fargo | Timur Braziler | $40 → $48 | Maintains | Overweight | Get Alert |
| 04/10/2024 | Buy Now | -11.8% | Wells Fargo | Timur Braziler | $41 → $40 | Maintains | Overweight | Get Alert |
| 01/29/2024 | Buy Now | -9.59% | Wells Fargo | Timur Braziler | $40 → $41 | Maintains | Overweight | Get Alert |
| 07/21/2023 | Buy Now | -18.41% | Wells Fargo | Timur Braziler | $32 → $37 | Maintains | Overweight | Get Alert |
| 04/05/2023 | Buy Now | -29.44% | Wells Fargo | Timur Braziler | $35 → $32 | Maintains | Overweight | Get Alert |
| 01/04/2022 | Buy Now | -27.23% | Wells Fargo | Timur Braziler | $31 → $33 | Maintains | Overweight | Get Alert |
| 11/09/2021 | Buy Now | -31.64% | Wells Fargo | Timur Braziler | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for OFG Bancorp (OFG) stock?
The latest price target for OFG Bancorp (NYSE:OFG) was reported by Wells Fargo on July 22, 2024. The analyst firm set a price target for $48.00 expecting OFG to rise to within 12 months (a possible 5.84% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for OFG Bancorp (OFG)?
The latest analyst rating for OFG Bancorp (NYSE:OFG) was provided by Wells Fargo, and OFG Bancorp maintained their overweight rating.
When was the last upgrade for OFG Bancorp (OFG)?
There is no last upgrade for OFG Bancorp
When was the last downgrade for OFG Bancorp (OFG)?
There is no last downgrade for OFG Bancorp.
When is the next analyst rating going to be posted or updated for OFG Bancorp (OFG)?
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 July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
Is the Analyst Rating OFG Bancorp (OFG) correct?
While ratings are subjective and will change, the latest OFG Bancorp (OFG) rating was a maintained with a price target of $40.00 to $48.00. The current price OFG Bancorp (OFG) is trading at is $45.35, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.