There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on First Midwest Bancorp (NASDAQ:FMBI) and First Cash (NYSE:FCFS) with bullish sentiments.
First Midwest Bancorp (FMBI)
In a report issued on July 9, Casey Haire from Jefferies reiterated a Buy rating on First Midwest Bancorp, with a price target of $30. The company’s shares closed yesterday at $25.54.
According to TipRanks.com, Haire is a 5-star analyst with an average return of 21.3% and a 76.1% success rate. Haire covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, TCF Financial Corporation, and Texas Capital Bancshares.
First Midwest Bancorp has an analyst consensus of Hold, with a price target consensus of $28.
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First Cash (FCFS)
Jefferies analyst John Hecht reiterated a Buy rating on First Cash on July 11 and set a price target of $109. The company’s shares closed yesterday at $91.60, close to its 52-week high of $95.40.
According to TipRanks.com, Hecht is a 5-star analyst with an average return of 14.5% and a 75.5% success rate. Hecht covers the Financial sector, focusing on stocks such as Curo Group Holdings Corp, Enova International Inc, and Elevate Credit Inc.
Currently, the analyst consensus on First Cash is a Moderate Buy with an average price target of $96.50.
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