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First Bancshares Inc has a consensus price target of $36 based on the ratings of 4 analysts. The high is $40 issued by Keefe, Bruyette & Woods on August 2, 2024. The low is $34 issued by Stephens & Co. on January 17, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods on August 2, 2024, July 26, 2024, and January 26, 2024, respectively. With an average price target of $33 between Keefe, Bruyette & Woods, there's an implied -8.05% downside for First Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Bancshares (NYSE:FBMS) was reported by Janney Montgomery Scott on October 24, 2024. The analyst firm set a price target for $0.00 expecting FBMS to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for First Bancshares (NYSE:FBMS) was provided by Janney Montgomery Scott, and First Bancshares downgraded their neutral rating.
The last upgrade for First Bancshares Inc happened on August 2, 2024 when Keefe, Bruyette & Woods raised their price target to $40. Keefe, Bruyette & Woods previously had a market perform for First Bancshares Inc.
The last downgrade for First Bancshares Inc happened on October 24, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A 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 October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest First Bancshares (FBMS) rating was a downgraded with a price target of $0.00 to $0.00. The current price First Bancshares (FBMS) is trading at is $35.89, which is out of the analyst’s predicted range.
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