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Analysts’ Top Financial Picks: First Bancorp (FBNC), Glacier Bancorp (GBCI)

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on First Bancorp (FBNCResearch Report), Glacier Bancorp (GBCIResearch Report) and East West Bancorp (EWBCResearch Report) with bullish sentiments.

First Bancorp (FBNC)

In a report released today, Kevin Fitzsimmons from D.A. Davidson maintained a Buy rating on First Bancorp. The company’s shares closed last Tuesday at $31.41.

According to TipRanks.com, Fitzsimmons is a 4-star analyst with an average return of 5.0% and a 53.5% success rate. Fitzsimmons covers the Financial sector, focusing on stocks such as Capstar Financial Holdings, Southern First Bancshares, and Business First Bancshares.

First Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $33.00.

See Insiders’ Hot Stocks on TipRanks >>

Glacier Bancorp (GBCI)

In a report released today, Jeff Rulis from D.A. Davidson maintained a Buy rating on Glacier Bancorp. The company’s shares closed last Tuesday at $32.46.

According to TipRanks.com, Rulis is a 4-star analyst with an average return of 5.2% and a 57.6% success rate. Rulis covers the Financial sector, focusing on stocks such as Enterprise Financial Services, First Mid-Illinois Bancshares, and First Interstate Bancsystem.

The word on The Street in general, suggests a Hold analyst consensus rating for Glacier Bancorp with a $32.67 average price target.

East West Bancorp (EWBC)

In a report released today, Gary Tenner from D.A. Davidson maintained a Buy rating on East West Bancorp. The company’s shares closed last Tuesday at $60.90.

According to TipRanks.com, Tenner is a 5-star analyst with an average return of 12.2% and a 66.3% success rate. Tenner covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, Southern California Bancorp, and Private Bancorp of America.

Currently, the analyst consensus on East West Bancorp is a Strong Buy with an average price target of $67.11.

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