Forbright (NASDAQ:FRBT – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.
A number of other equities analysts have also recently commented on the company. The Goldman Sachs Group began coverage on Forbright in a report on Monday, July 6th. They set a “buy” rating and a $23.50 target price for the company. Zacks Research raised shares of Forbright to a “hold” rating in a research note on Tuesday, July 7th. JPMorgan Chase & Co. assumed coverage on shares of Forbright in a research note on Monday, July 6th. They set a “neutral” rating and a $21.00 target price on the stock. TD Cowen assumed coverage on shares of Forbright in a report on Monday, July 6th. They set a “buy” rating on the stock. Finally, Wells Fargo & Company began coverage on shares of Forbright in a research note on Monday, July 6th. They issued an “overweight” rating and a $21.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.
Forbright Price Performance
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