First Bancshares Inc has a consensus price target of $33 based on the ratings of 4 analysts. The high is $34 issued by Stephens & Co. on January 17, 2024. The low is $31 issued by Keefe, Bruyette & Woods on July 26, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Stephens & Co. on July 26, 2024, January 26, 2024, and January 17, 2024, respectively. With an average price target of $31 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Stephens & Co., there's an implied 0.65% upside for First Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/26/2024 | Buy Now | 0.65% | Keefe, Bruyette & Woods | Catherine Mealor | $28 → $31 | Maintains | Market Perform | Get Alert |
01/26/2024 | Buy Now | -9.09% | Keefe, Bruyette & Woods | Catherine Mealor | → $28 | Downgrade | Outperform → Market Perform | Get Alert |
01/17/2024 | Buy Now | 10.39% | Stephens & Co. | Matt Olney | → $34 | Reiterates | Overweight → Overweight | Get Alert |
10/27/2023 | Buy Now | -5.84% | Stephens & Co. | Matt Olney | $32 → $29 | Maintains | Overweight | Get Alert |
08/29/2023 | Buy Now | 10.39% | DA Davidson | Kevin Fitzsimmons | → $34 | Upgrade | Neutral → Buy | Get Alert |
07/28/2023 | Buy Now | 23.38% | Stephens & Co. | Matt Olney | $32 → $38 | Maintains | Overweight | Get Alert |
04/27/2023 | Buy Now | 7.14% | Stephens & Co. | Matt Olney | → $33 | Reiterates | → Overweight | Get Alert |
04/06/2023 | Buy Now | 3.9% | Keefe, Bruyette & Woods | Catherine Mealor | $38 → $32 | Maintains | Outperform | Get Alert |
01/31/2023 | Buy Now | 23.38% | Keefe, Bruyette & Woods | Catherine Mealor | $40 → $38 | Maintains | Outperform | Get Alert |
11/09/2022 | Buy Now | — | Janney Montgomery Scott | Christopher Marinac | — | Upgrade | Neutral → Buy | Get Alert |
10/31/2022 | Buy Now | 26.62% | Stephens & Co. | Matt Olney | $36 → $39 | Maintains | Overweight | Get Alert |
07/28/2022 | Buy Now | — | Janney Montgomery Scott | Christopher Marinac | — | Downgrade | Buy → Neutral | Get Alert |
The latest price target for First Bancshares (NYSE:FBMS) was reported by Keefe, Bruyette & Woods on July 26, 2024. The analyst firm set a price target for $31.00 expecting FBMS to rise to within 12 months (a possible 0.65% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for First Bancshares (NYSE:FBMS) was provided by Keefe, Bruyette & Woods, and First Bancshares maintained their market perform rating.
The last upgrade for First Bancshares Inc happened on August 29, 2023 when DA Davidson raised their price target to $34. DA Davidson previously had a neutral for First Bancshares Inc.
The last downgrade for First Bancshares Inc happened on January 26, 2024 when Keefe, Bruyette & Woods changed their price target from N/A to $28 for First Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Bancshares, 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 Bancshares was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest First Bancshares (FBMS) rating was a maintained with a price target of $28.00 to $31.00. The current price First Bancshares (FBMS) is trading at is $30.80, which is within the analyst’s predicted range.
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