JPMorgan Chase & Co. began coverage on shares of Forbright (NASDAQ:FRBT – Free Report) in a research report report published on Monday, MarketBeat.com reports. The firm issued a neutral rating and a $21.00 price target on the stock.
Several other analysts have also recently issued reports on FRBT. Wall Street Zen raised Forbright to a “hold” rating in a research note on Saturday, June 20th. Wells Fargo & Company started coverage on Forbright in a research note on Monday. They issued an “overweight” rating and a $21.00 target price for the company. The Goldman Sachs Group initiated coverage on Forbright in a research report on Monday. They set a “buy” rating and a $23.50 price target on the stock. Barclays assumed coverage on Forbright in a report on Monday. They issued an “overweight” rating and a $23.00 price objective for the company. Finally, Piper Sandler started coverage on Forbright in a research note on Monday. They issued a “neutral” rating and a $21.50 target price on the stock. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.00.
Check Out Our Latest Stock Analysis on Forbright
Forbright Stock Up 1.7%
Featured Articles
- Five stocks we like better than Forbright
- Big Beautiful Boycott: Can It Really Hurt Coca-Cola, Amazon, and Kraft Heinz Stocks?
- 3 Stocks With Solid Yields and Sustainabale Payouts Boost Dividends Once Again
- 2 Short Squeezes for Summer Speculation: What the Bears Are Getting Wrong
- How TeraWulf’s Anthropic Deal Booted Up a $19B AI Empire
Receive News & Ratings for Forbright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forbright and related companies with MarketBeat.com's FREE daily email newsletter.
