Rating Change
Benchmark analysts initiated coverage on First BanCorp. (NYSE:FBP) with a Buy rating on July 15, 2026.
new coverageNYSE:FBP
Benchmark Initiates Coverage on First BanCorp. (FBP) with Buy
Rating Change Benchmark analysts initiated coverage on First BanCorp. (NYSE:FBP) with a Buy rating on July 15, 2026. Market Context First BanCorp.
Market Context
First BanCorp. operates in the Financial Services sector. The stock currently trades at $27.07 with a market capitalization of $3.4B. The stock has gained 21.5% over the past 52 weeks.
Analyst coverage from Benchmark provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for First BanCorp..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for First BanCorp.
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 15, 2026 | Benchmark | Buy | N/A |
| Jul 13, 2026 | Truist Securities | Buy | N/A |
| Jul 06, 2026 | Wells Fargo | Overweight | N/A |
| Jul 01, 2026 | Raymond James | Strong Buy | N/A |
| Apr 27, 2026 | Raymond James | Strong Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View FBP Stock Page
Frequently Asked Questions
What does a Buy rating mean for FBP?
A Buy rating from Benchmark reflects the analyst's outlook on First BanCorp. (NYSE:FBP). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FBP forecast page.