Rating on First Republic Bank (NYSE:FRC) is “Market Perform”. Its Keeps by Wells Fargo with $100 Target.

June 27, 2018 - By Nicole Mills

First Republic Bank (NYSE:FRC) Corporate Logo

Reiterated First Republic Bank (NYSE:FRC) Rating.

The $100 TP on the $15.86B market cap company given by Research analysts at Wells Fargo gives a potential upside of 2.11 %. The First Republic Bank (NYSE:FRC)‘s stock had its “Market Perform” Rating sent to investors in a research note on 26 June.

First Republic Bank (NYSE:FRC) Ratings Coverage

In total 12 analysts cover First Republic Bank (NYSE:FRC). “Buy” rating has 4, “Sell” are 0, while 8 are “Hold”. 33% are bullish. 23 are the (NYSE:FRC)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the firm earned “Hold” rating by BMO Capital Markets. On Thursday, January 4 Maxim Group maintained First Republic Bank (NYSE:FRC) with “Buy” rating. On Wednesday, April 18 the firm has “Hold” rating by Jefferies given. On Tuesday, June 26 the rating was maintained by Wells Fargo with “Market Perform”. On Wednesday, April 4 the stock of First Republic Bank (NYSE:FRC) has “Hold” rating given by Keefe Bruyette & Woods. On Monday, February 26 the stock of First Republic Bank (NYSE:FRC) earned “Hold” rating by Keefe Bruyette & Woods. On Friday, April 13 the company was maintained by Sandler O’Neill. On Friday, April 13 the stock of First Republic Bank (NYSE:FRC) has “Buy” rating given by Maxim Group. In Friday, April 13 report RBC Capital Markets maintained the stock with “Hold” rating. On Thursday, March 29 the firm has “Hold” rating given by Sandler O’Neill.

FRC touched $97.93 during the last trading session after $0.21 change.First Republic Bank has volume of 9,123 shares. Since June 27, 2017 FRC has risen 7.17% and is uptrending. The stock underperformed the S&P 500 by 5.40%.

First Republic Bank (NYSE:FRC)’s earnings report is awaited on July, 13., according to RTT. EPS of $1.15 is 8.49 % up from 2017’s $1.06 EPS. If $1.15 is reported, FRC’s profit will reach $186.28M for 21.29 P/E. Analysts at Wall Street see First Republic Bank’s 1.77 % EPS growth compared to $1.13 EPS for last quarter.

First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the United States.The firm is worth $15.86 billion. It operates through two divisions, Commercial Banking and Wealth Management.The P/E ratio is 22.11. The firm offers deposit products, such as checking, money market checking, savings, and passbook deposits, as well as certificates of deposit.

For more First Republic Bank (NYSE:FRC) news released briefly go to: Streetinsider.com, Globenewswire.com, Seekingalpha.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “First Republic Bank (FRC) Releases Results of 2018 Stress Test” released on June 21, 2018, “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” on June 12, 2018, “First Republic Bank: This 5.50% Preferred Stock Has Begun Trading On The NYSE” with a publish date: June 13, 2018, “10 Biggest Price Target Changes For Tuesday” and the last “First Republic reports pricing of $300M preferred stock offering” with publication date: June 05, 2018.

First Republic Bank (NYSE:FRC) Analyst Ratings Chart

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