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First Bancorp has a consensus price target of $40 based on the ratings of 7 analysts. The high is $56 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $32 issued by Piper Sandler on October 26, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Piper Sandler on December 4, 2024, July 25, 2024, and October 26, 2023, respectively. With an average price target of $44.33 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 6.29% upside for First Bancorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Bancorp (NASDAQ:FBNC) was reported by Janney Montgomery Scott on February 7, 2025. The analyst firm set a price target for $0.00 expecting FBNC to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for First Bancorp (NASDAQ:FBNC) was provided by Janney Montgomery Scott, and First Bancorp downgraded their neutral rating.
The last upgrade for First Bancorp happened on September 14, 2023 when DA Davidson raised their price target to $34. DA Davidson previously had a neutral for First Bancorp.
The last downgrade for First Bancorp happened on February 7, 2025 when Janney Montgomery Scott changed their price target from N/A to N/A for First Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First 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 First Bancorp was filed on February 7, 2025 so you should expect the next rating to be made available sometime around February 7, 2026.
While ratings are subjective and will change, the latest First Bancorp (FBNC) rating was a downgraded with a price target of $0.00 to $0.00. The current price First Bancorp (FBNC) is trading at is $41.71, which is out of the analyst’s predicted range.
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