In a report released on April 28, Christopher Mcgratty from KBW maintained a Hold rating on First Interstate Bancsystem (FIBK – Research Report), with a price target of $30.00. The company’s shares opened today at $26.48.
Mcgratty covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pacwest Bancorp, and Associated Banc-Corp. According to TipRanks, Mcgratty has an average return of 10.0% and a 62.23% success rate on recommended stocks.
In addition to KBW, First Interstate Bancsystem also received a Hold from D.A. Davidson’s Jeff Rulis in a report issued on April 28. However, today, Piper Sandler maintained a Buy rating on First Interstate Bancsystem (NASDAQ: FIBK).
See the top stocks recommended by analysts >>
Based on First Interstate Bancsystem’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $89.2 million. In comparison, last year the company had a net profit of $37.9 million
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIBK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
First Interstate BancSystem, Inc. is a financial holding company, which engages in the provision of community banking solutions. The company offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. It also provides internet, mobile, and other banking and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.
Read More on FIBK:
