On May 6, 2025, Hovde Group made a notable adjustment in their rating for Bank First (BFC, Financial). The analyst behind this change is Brendan Nosal, who has elevated the stock's rating from "Market Perform" to "Outperform".
This upgrade reflects increased confidence in Bank First's future performance. While the price target details have not been disclosed, the change in rating itself suggests positive momentum for the stock (BFC, Financial).
Investors may want to consider this upgraded outlook when evaluating their positions in Bank First. The stock's current trading and future opportunities could be influenced by this latest analyst update from Hovde Group.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Bank First Corp (BFC, Financial) is $110.50 with a high estimate of $111.00 and a low estimate of $110.00. The average target implies an downside of 3.51% from the current price of $114.52. More detailed estimate data can be found on the Bank First Corp (BFC) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Bank First Corp's (BFC, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Bank First Corp (BFC, Financial) in one year is $104.10, suggesting a downside of 9.1% from the current price of $114.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Bank First Corp (BFC) Summary page.
