D.A. Davidson Remains a Hold on First Interstate Bancsystem (FIBK)
D.A. Davidson analyst Jeff Rulis maintained a Hold rating on First Interstate Bancsystem (NASDAQ: FIBK) today and set a price target of $50. The company’s shares closed yesterday at $44.62.
According to TipRanks.com, Rulis is ranked #605 out of 4877 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Interstate Bancsystem with a $48.67 average price target.
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First Interstate Bancsystem’s market cap is currently $2.53B and has a P/E ratio of 17.99. The company has a Price to Book ratio of 1.74.
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock.
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First Interstate BancSystem, Inc. (Montana) is a holding company, which engages in the provision of commercial and consumer banking services. It also offers internet, mobile, and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.