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 maximum price target given was 119, implying potential capital gains of 19.24 percent. The most pessimistic price target 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.89 percent, as compared to a month ago. 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. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 5 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. FRC has a PEG ratio of 2.78.

FRC has a 52-week high of 104.17 and a 52-week low of 70.46. Today's price is 41.64 percent above the 52-week low, and 4.2 percent below the high. FRC has a price/earnings 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.