On May 21, 2025, Jefferies analyst David Chiaverini initiated coverage on First Citizens BancShares (FCNCA, Financial). The analyst has assigned a Hold rating to the stock, suggesting that investors may consider maintaining their current positions.
Jefferies has set a price target of $2,050.00 USD for FCNCA. This is a new price target, as there was no prior target available. The analyst's initiation of coverage indicates a fresh evaluation of the company's prospects and positioning in the market.
First Citizens BancShares (FCNCA, Financial), listed on the NASDAQ, remains under close observation by investors following this analyst activity. The Hold rating by Jefferies reflects a neutral stance, indicating that the stock is expected to perform in line with the market in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for First Citizens BancShares Inc (FCNCA, Financial) is $2,207.08 with a high estimate of $2,460.00 and a low estimate of $1,900.00. The average target implies an upside of 15.06% from the current price of $1,918.20. More detailed estimate data can be found on the First Citizens BancShares Inc (FCNCA) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, First Citizens BancShares Inc's (FCNCA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" 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 First Citizens BancShares Inc (FCNCA, Financial) in one year is $2059.43, suggesting a upside of 7.36% from the current price of $1918.2. 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 First Citizens BancShares Inc (FCNCA) Summary page.
