Analyst Price Target is $27.00
▲ +21.08% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for First Busey in the last 3 months. The average price target is $27.00, with a high forecast of $31.00 and a low forecast of $23.00. The average price target represents a 21.08% upside from the last price of $22.30.
Current Consensus is
The current consensus among 3 polled investment analysts is to hold stock in First Busey. This rating has held steady since June 2022, when it changed from a Buy consensus rating.
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.