OFG Bancorp (OFG) Stock Forecast & Price Target

$43.46 +0.03 (+0.07%)

(As of 11/20/2024 ET)

OFG Bancorp - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 3 Analyst Ratings

Sell
0

Hold
0

Buy
3

Based on 3 Wall Street analysts who have issued ratings for OFG Bancorp in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 3 have given a buy rating for OFG.

Consensus Price Target

$48.67
11.97% Upside

According to the 3 analysts' twelve-month price targets for OFG Bancorp, the average price target is $48.67. The highest price target for OFG is $51.00, while the lowest price target for OFG is $47.00. The average price target represents a forecasted upside of 11.97% from the current price of $43.47.

Get the Latest News and Ratings for OFG and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for OFG Bancorp and its competitors.

OFG Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$48.67	$48.67	$49.50	$37.00
Forecasted Upside	11.97% Upside	21.36% Upside	10.10% Upside	9.89% Upside
Consensus Rating	Buy	Buy	Buy	Buy

My #1 Pre IPO Trade for 2025 – NAME and TICKER (Ad)

One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...

The Next SpaceX Pre-IPO

OFG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

OFG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

OFG Bancorp Stock vs. The Competition

Type	OFG Bancorp	Finance Companies	S&P 500
Consensus Rating Score	3.00	2.49	2.50
Consensus Rating	Buy	Hold	Moderate Buy
Predicted Upside	11.97% Upside	12.91% Upside	9.83% Upside
News Sentiment Rating	Neutral News See Recent OFG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/17/2024	Piper Sandler 2 of 5 stars	F. Schiraldi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$49.00 ➝ $47.00	+13.61%
7/22/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$40.00 ➝ $48.00	+9.29%
7/22/2024	Hovde Group 3 of 5 stars		Boost Target	Outperform	$44.00 ➝ $51.00	+16.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:36 AM ET.

OFG Forecast - Frequently Asked Questions

: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for OFG Bancorp is $48.67, with a high forecast of $51.00 and a low forecast of $47.00.
: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OFG Bancorp in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OFG shares.
: According to analysts, OFG Bancorp's stock has a predicted upside of 11.97% based on their 12-month stock forecasts.
: OFG Bancorp has been rated by research analysts at Piper Sandler in the past 90 days.
: Analysts like OFG Bancorp more than other "finance" companies. The consensus rating for OFG Bancorp is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how OFG compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Trump said you could learn something from this man (Ad)

Early Warning: A Deep Crack Is Forming In The US Economy Stocks are booming thanks to Trump’s landslide victory. Yet one former Trump advisor says the picture is less rosy than it seems. “I’ve found a deep crack forming in the foundations of the US economy,” he says. “And before too long, it could tear our country apart.” It’s critical you learn more today, BEFORE it impacts your money and your retirement.

Here’s everything you need to know.

This page (NYSE:OFG) was last updated on 11/21/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

OFG Bancorp (OFG) Stock Forecast & Price Target