First Bancorp (NYSE:FBP) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Thursday.
FBP has been the topic of several other research reports. Zacks Investment Research lowered shares of First Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. Piper Jaffray Companies restated a “buy” rating and set a $7.50 price target on shares of First Bancorp in a research note on Friday, November 10th. ValuEngine lowered shares of First Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. TheStreet lowered shares of First Bancorp from a “b-” rating to a “c” rating in a research note on Tuesday, November 7th. Finally, Bank of America dropped their price target on shares of First Bancorp from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. First Bancorp has an average rating of “Hold” and an average price target of $6.50.
First Bancorp (NYSE:FBP) opened at $5.12 on Thursday. First Bancorp has a 12 month low of $4.48 and a 12 month high of $7.05. The company has a market cap of $1,074.39, a price-to-earnings ratio of 10.35, a PEG ratio of 2.68 and a beta of 1.92. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.03.
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First Bancorp Company Profile
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