Analyst Ratings for First Republic Bank (FRC)

Updated: 2017-07-29

Analysts covering First Republic Bank (NYSE:FRC) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for FRC last month.

Of the 21 analysts covering the stock, 7 gave it a buy rating, 2 issued an overweight rating, 12 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for FRC. The most optimistic price target was 119, implying potential capital gains of 19.24 percent. The minimum price target given was 90, implying a possible loss of -9.82 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.42 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.42 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.89 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.89 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 8 analysts that revised their FY estimates downwards.

The growth rate of FRC's earnings is estimated by analysts to be 8.76 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FRC has a PEG ratio of 2.78.

In the last 52-weeks, FRC has achieved a high of 104.17 and a low of 70.46. The current market price is above the trailing year's low by 41.64 percent, and 4.2 percent lower than its 52-week high. FRC has a P/E ratio of 24.34. Investors typically compare the P/E ratio to a company's peers in the industry. The FRC value stock report compares FRC to some of its peers using value stock charts. The stock has a market capitalization of $15.46 billion. FRC's next earnings release will be on 0000-00-00, which is days away.