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Analysts Offer Insights on Financial Companies: First Bancorp (FBNC), MSCI (MSCI) and Banc of California (BANC)

Tipranks - Thu Apr 9, 3:14AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on First Bancorp (FBNC), MSCI (MSCI) and Banc of California (BANC) with bullish sentiments.

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First Bancorp (FBNC)

In a report released yesterday, Daniel Tamayo from Raymond James reiterated a Buy rating on First Bancorp, with a price target of $68.00. The company’s shares closed last Tuesday at $55.75.

According to TipRanks.com, Tamayo is a 5-star analyst with an average return of 14.2% and a 65.1% success rate. Tamayo covers the Financial sector, focusing on stocks such as Farmers National Banc Oh, Midland States Bancrop, and ConnectOne Bancorp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Bancorp with a $65.67 average price target.

See today’s best-performing stocks on TipRanks >>

MSCI (MSCI)

In a report released yesterday, Alex Kramm from UBS maintained a Buy rating on MSCI, with a price target of $710.00. The company’s shares closed last Tuesday at $547.28.

According to TipRanks.com, Kramm is a 5-star analyst with an average return of 10.3% and a 60.2% success rate. Kramm covers the Financial sector, focusing on stocks such as Intercontinental Exchange, SEI Investments Company, and Marketaxess Holdings. ;'>

Currently, the analyst consensus on MSCI is a Strong Buy with an average price target of $678.75, implying a 23.6% upside from current levels. In a report issued on March 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $605.00 price target.

Banc of California (BANC)

Raymond James analyst David Feaster reiterated a Buy rating on Banc of California yesterday and set a price target of $22.00. The company’s shares closed last Tuesday at $18.04, close to its 52-week high of $18.08.

According to TipRanks.com, Feaster is a 5-star analyst with an average return of 18.4% and a 64.0% success rate. Feaster covers the Financial sector, focusing on stocks such as Simmons 1st Nat’l, Stellar Bancorp, and Axos Financial. ;'>

Banc of California has an analyst consensus of Strong Buy, with a price target consensus of $22.36, a 25.0% upside from current levels. In a report issued on April 2, Piper Sandler also maintained a Buy rating on the stock with a $22.00 price target.

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