Shares of Forbright, Inc. (NASDAQ:FRBT – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $22.00.
Several research firms have issued reports on FRBT. Zacks Research raised Forbright to a “hold” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. began coverage on Forbright in a research note on Monday, July 6th. They set a “neutral” rating and a $21.00 price objective for the company. Piper Sandler started coverage on Forbright in a report on Monday, July 6th. They issued a “neutral” rating and a $21.50 target price on the stock. Wall Street Zen lowered Forbright from a “hold” rating to a “sell” rating in a research report on Sunday. Finally, The Goldman Sachs Group assumed coverage on Forbright in a report on Monday, July 6th. They set a “buy” rating and a $23.50 target price for the company.
Check Out Our Latest Research Report on FRBT
Forbright Price Performance
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