Forbright (NASDAQ:FRBT) Now Covered by Barclays

Stock analysts at Barclays started coverage on shares of Forbright (NASDAQ:FRBTGet Free Report) in a note issued to investors on Monday, Marketbeat reports. The firm set an “overweight” rating on the stock.

A number of other research firms have also commented on FRBT. Piper Sandler started coverage on shares of Forbright in a report on Monday. They set a “neutral” rating and a $21.50 target price for the company. Wall Street Zen upgraded Forbright to a “hold” rating in a report on Saturday, June 20th. Wells Fargo & Company assumed coverage on Forbright in a research note on Monday. They issued an “overweight” rating and a $21.00 price target for the company. Finally, The Goldman Sachs Group began coverage on shares of Forbright in a research note on Monday. They set a “buy” rating and a $23.50 price objective on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $21.75.

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Forbright Stock Performance

Shares of NASDAQ FRBT opened at $18.75 on Monday. Forbright has a 1 year low of $17.48 and a 1 year high of $19.27.

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Analyst Recommendations for Forbright (NASDAQ:FRBT)

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