Stephens analyst Gordon McGuire assigned a Buy rating to First Interstate Bancsystem (FIBK) today and set a price target of $46.00. The company’s shares closed last Monday at $42.95, close to its 52-week high of $43.97.
According to TipRanks.com, McGuire is a 2-star analyst with an average return of 6.9% and a 75.0% success rate. McGuire covers the Financial sector, focusing on stocks such as First Western Financial Inc, Columbia Banking System, and Commerce Bancshares Inc.
First Interstate Bancsystem has an analyst consensus of Moderate Buy, with a price target consensus of $46.00.
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First Interstate Bancsystem’s market cap is currently $2.8B and has a P/E ratio of 16.15. The company has a Price to Book ratio of 1.44.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIBK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
First Interstate BancSystem, Inc. (Montana) is a holding company, which engages in the provision of commercial and consumer banking services. The firm also offers internet, mobile, and financial services.
