In a report issued on March 19, Terry McEvoy from Stephens maintained a Buy rating on First Republic Bank (FRC), with a price target of $115. The company’s shares closed yesterday at $101.90.
According to TipRanks.com, McEvoy is a 4-star analyst with an average return of 7.0% and a 63.5% success rate. McEvoy covers the Financial sector, focusing on stocks such as Chemical Financial Corp, First Financial Bancorp, and Wintrust Financial Corp.
Currently, the analyst consensus on First Republic Bank is a Moderate Buy with an average price target of $103.33.
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The company has a one-year high of $106.75 and a one-year low of $79.42. Currently, First Republic Bank has an average volume of 2.02M.
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First Republic Bank engages in the provision of private banking, business banking, real estate lending, and wealth management, including trust and custody services. It operates through the Commercial Banking and Wealth Management segments.
