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.

A number of analysts gave price targets for FRC. The most optimistic analyst gave a price target of 119, implying potential capital gains of 19.24 percent. The minimum price target given was 90, implying a possible loss of -9.82 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.42 percent. That number becomes -0.42 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 8 analysts decreased their estimates.

Analysts estimate earnings of FRC to grow at a rate of 8.76 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of FRC is 2.78.

In the trailing 52-weeks, FRC hit 104.17 at the highest peak, while it's lowest trading point was 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 will post this quarters earnings in days, on 0000-00-00.