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Analysts Offer Insights on Financial Companies: Bread Financial Holdings (BFH), Bank of America (BAC) and First Bancorp Puerto Rico (FBP)

Tipranks - Thu Mar 5, 9:42AM CST

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Bread Financial Holdings (BFHResearch Report), Bank of America (BACResearch Report) and First Bancorp Puerto Rico (FBPResearch Report) with bullish sentiments.

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Bread Financial Holdings (BFH)

In a report released today, Mihir Bhatia from Bank of America Securities maintained a Buy rating on Bread Financial Holdings. The company’s shares closed last Wednesday at $74.13.

According to TipRanks.com, Bhatia is a 4-star analyst with an average return of 6.7% and a 57.0% success rate. Bhatia covers the Financial sector, focusing on stocks such as Capital One Financial, Synchrony Financial, and OneMain Holdings. ;'>

Bread Financial Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $83.90, representing a 14.7% upside. In a report issued on February 17, BTIG also reiterated a Buy rating on the stock with a $98.00 price target.

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Bank of America (BAC)

In a report released today, Glenn Schorr from Evercore ISI maintained a Buy rating on Bank of America, with a price target of $59.00. The company’s shares closed last Wednesday at $49.86.

According to TipRanks.com, Schorr is a 4-star analyst with an average return of 7.6% and a 58.1% success rate. Schorr covers the Financial sector, focusing on stocks such as Acadian Asset Management, Apollo Global Management, and Bank of New York Mellon. ;'>

Bank of America has an analyst consensus of Strong Buy, with a price target consensus of $61.81, which is a 23.9% upside from current levels. In a report issued on February 26, TipRanks – Google also upgraded the stock to Buy with a $58.00 price target.

First Bancorp Puerto Rico (FBP)

In a report released today, Brandon Berman from Bank of America Securities maintained a Buy rating on First Bancorp Puerto Rico. The company’s shares closed last Wednesday at $21.32.

According to TipRanks.com, Berman is a 1-star analyst with an average return of -0.3% and a 54.9% success rate. Berman covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Prosperity Bancshares. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Bancorp Puerto Rico with a $24.25 average price target, which is a 13.1% upside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $24.00 price target.

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