| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/21/2023 | 13.5% | Wells Fargo | $32 → $37 | Maintains | Overweight |
| 04/05/2023 | -1.84% | Wells Fargo | $35 → $32 | Maintains | Overweight |
| 01/04/2022 | 1.23% | Wells Fargo | $31 → $33 | Maintains | Overweight |
| 11/09/2021 | -4.91% | Wells Fargo | → $31 | Initiates Coverage On | → Overweight |
| 03/06/2019 | — | Alden Securities | Downgrades | Outperform → Neutral |
What is the target price for OFG Bancorp (OFG)?
The latest price target for OFG Bancorp (NYSE: OFG) was reported by Wells Fargo on July 21, 2023. The analyst firm set a price target for $37.00 expecting OFG to rise to within 12 months (a possible 13.50% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for OFG Bancorp (OFG)?
The latest analyst rating for OFG Bancorp (NYSE: OFG) was provided by Wells Fargo, and OFG Bancorp maintained their overweight rating.
When is the next analyst rating going to be posted or updated for OFG Bancorp (OFG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of OFG 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 OFG Bancorp was filed on July 21, 2023 so you should expect the next rating to be made available sometime around July 21, 2024.
Is the Analyst Rating OFG Bancorp (OFG) correct?
While ratings are subjective and will change, the latest OFG Bancorp (OFG) rating was a maintained with a price target of $32.00 to $37.00. The current price OFG Bancorp (OFG) is trading at is $32.60, which is within the analyst's predicted range.