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NASDAQ:FMBI - First Midwest Bancorp Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $17.30
  • Forecasted Upside: -19.42 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$21.47
▲ +0.27 (1.27%)
1 month | 3 months | 12 months
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Analyst Price Target for FMBI

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$17.30
▼ -19.42% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for First Midwest Bancorp in the last 3 months. The average price target is $17.30, with a high forecast of $24.00 and a low forecast of $13.00. The average price target represents a -19.42% upside from the last price of $21.47.

Hold

The current consensus among 5 polled investment analysts is to hold stock in First Midwest Bancorp. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/23/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/21/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/19/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/17/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/15/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/16/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/27/2021StephensReiterated RatingOverweight ➝ Equal Weight$22.00Low
i
4/21/2021StephensReiterated RatingOverweight ➝ Equal Weight$22.00Medium
i
3/15/2021Raymond JamesBoost Price TargetOutperform$20.00 ➝ $24.00High
i
3/8/2021Raymond JamesBoost Price TargetOutperform$20.00 ➝ $24.00High
i
2/10/2021StephensDowngradeOverweight ➝ Equal Weight$19.00Low
i
1/28/2021Raymond JamesBoost Price TargetOutperform$15.00 ➝ $20.00High
i
11/10/2020Janney Montgomery ScottDowngradeBuy ➝ NeutralHigh
i
10/26/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$15.00Medium
i
9/29/2020Piper SandlerLower Price TargetOverweight$16.00 ➝ $14.00Low
i
6/21/2020Janney Montgomery ScottReiterated RatingBuy$13.50Medium
i
5/19/2020SunTrust BanksLower Price TargetHold$14.00 ➝ $13.00High
i
Rating by Jennifer Demba at SunTrust Banks, Inc.
5/4/2020Piper SandlerLower Price TargetOverweight$17.00 ➝ $16.00Low
i
3/6/2020SunTrust BanksDowngradeBuy ➝ Hold$24.00 ➝ $20.00High
i
10/8/2019StephensUpgradeEqual ➝ Overweight$21.00 ➝ $23.00Medium
i
9/5/2019DA DavidsonLower Price TargetNeutral$23.00 ➝ $22.00High
i
7/8/2019Raymond JamesDowngradeHoldLow
i
Rating by David Long at Raymond James
5/16/2019FIG PartnersUpgradeMarket Perform ➝ OutperformMedium
i
Rating by J. Rodis at FIG Partners
1/25/2019Piper Jaffray CompaniesSet Price TargetBuy$26.00Low
i
Rating by Nathan Rice at Piper Jaffray Companies
1/7/2019Raymond JamesDowngradeOutperform ➝ Market PerformMedium
i
Rating by David Long at Raymond James
12/19/2018StephensReiterated RatingHold$24.00Medium
i
10/26/2018Piper Jaffray CompaniesSet Price TargetBuy$26.00High
i
Rating by Nathan Rice at Piper Jaffray Companies
10/25/2018Raymond JamesSet Price TargetBuy$29.00 ➝ $25.00Medium
i
Rating by David Long at Raymond James
7/27/2018Piper Jaffray CompaniesBoost Price TargetOverweight ➝ Overweight$30.00 ➝ $31.00Low
i
7/26/2018Keefe, Bruyette & WoodsReiterated RatingHold$30.00Low
i
7/26/2018Sandler O'NeillReiterated RatingHold$28.50High
i
6/8/2018StephensDowngradeOverweight ➝ Equal WeightMedium
i
3/28/2018Raymond JamesUpgradeMarket Perform ➝ OutperformLow
i
3/28/2018UBS GroupUpgradeMarket Perform ➝ OutperformMedium
i
1/9/2018Piper Jaffray CompaniesReiterated RatingBuy$29.00N/A
i
Rating by Nathan Rice at Piper Jaffray Companies
1/3/2018Sandler O'NeillSet Price TargetHold$26.00Low
i
Rating by Brad Milsaps at Sandler O'Neill
12/8/2017Jefferies Financial GroupReiterated RatingBuy$28.00Low
i
10/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$23.00N/A
i
10/4/2017Piper Jaffray CompaniesReiterated RatingBuy$26.00Medium
i
Rating by Nathan Rice at Piper Jaffray Companies
8/11/2017Jefferies Financial GroupReiterated RatingBuy$27.00Medium
i
7/27/2017FIG PartnersDowngradeOutperform ➝ Market Perform$26.00 ➝ $25.00Low
i
Rating by J. Rodis at FIG Partners
7/24/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$25.00 ➝ $26.00Medium
i
6/11/2017Jefferies Financial GroupReiterated RatingBuy$27.00Medium
i
5/19/2017FIG PartnersUpgradeMarket Perform ➝ OutperformLow
i
Rating by J. Rodis at FIG Partners
4/12/2017Keefe, Bruyette & WoodsReiterated RatingHold$25.00Low
i
4/5/2017Jefferies Financial GroupReiterated RatingBuy$27.00Medium
i
12/20/2016SunTrust BanksInitiated CoverageBuy$28.00N/A
i
12/11/2016Jefferies Financial GroupReiterated RatingBuy$28.00N/A
i
10/12/2016Keefe, Bruyette & WoodsReiterated RatingMarket PerformN/A
i
7/7/2016Jefferies Financial GroupReiterated RatingBuy$21.00N/A
i
6/30/2016MacquarieUpgradeNeutral ➝ OutperformN/A
i
6/12/2016Sterne Agee CRTInitiated CoverageHoldN/A
i
Rating by Initiated, 3 days ago Hold at Sterne Agee CRT
6/10/2016Piper Jaffray CompaniesInitiated CoverageNeutral$19.00N/A
i
(Data available from 5/16/2016 forward)
First Midwest Bancorp logo
First Midwest Bancorp, Inc. operates as the bank holding company for First Midwest Bank that provides various banking products and services. The company accepts checking, NOW, money market, and savings accounts, as well as various types of short-term and long-term certificates of deposit. Its loan products include working capital needs; accounts receivable financing; inventory and equipment financing; sector-based lending, including healthcare, asset-based lending, structured finance, and syndications; agricultural loans; and mortgages, home equity lines and loans, personal loans, specialty loans, and consumer secured and unsecured loans, as well as funding for the construction, purchase, refinance, or improvement of commercial real estate properties. In addition, the company offers treasury management products and services comprising automated clearing house collection, lockbox, remote deposit capture, and financial electronic data interchange; wire transfer, account reconciliation, controlled disbursement, direct deposit, and positive pay services; information reporting services; corporate credit cards; and liquidity management, fraud prevention, and merchant services. Further, it provides fiduciary and executor, financial planning, investment advisory, employee benefit plan, and private banking services to corporate and public retirement plans, foundations and endowments, high net worth individuals, and multi-employer trust funds. Additionally, the company offers debit and automated teller machine (ATM), and credit cards; internet and mobile, and telephone banking services; and financial education services. The company operates 115 locations and 184 ATMs in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest. First Midwest Bancorp, Inc. was incorporated in 1982 and is headquartered in Chicago, Illinois.
Read More

Today's Range

Now: $21.47
$21.04
$21.51

50 Day Range

MA: $21.58
$20.48
$22.53

52 Week Range

Now: $21.47
$10.38
$24.28

Volume

424,020 shs

Average Volume

786,508 shs

Market Capitalization

$2.45 billion

P/E Ratio

21.05

Dividend Yield

2.64%

Beta

1.27

Frequently Asked Questions

What sell-side analysts currently cover shares of First Midwest Bancorp?

The following Wall Street analysts have issued reports on First Midwest Bancorp in the last twelve months: Janney Montgomery Scott, Piper Sandler, Raymond James, Stephens, SunTrust Banks, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for FMBI.

What is the current price target for First Midwest Bancorp?

5 Wall Street analysts have set twelve-month price targets for First Midwest Bancorp in the last year. Their average twelve-month price target is $17.30, suggesting a possible downside of 19.4%. Raymond James has the highest price target set, predicting FMBI will reach $24.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $13.00 for First Midwest Bancorp in the next year.
View the latest price targets for FMBI.

What is the current consensus analyst rating for First Midwest Bancorp?

First Midwest Bancorp currently has 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FMBI, but not buy more shares or sell existing shares.
View the latest ratings for FMBI.

What other companies compete with First Midwest Bancorp?

How do I contact First Midwest Bancorp's investor relations team?

First Midwest Bancorp's physical mailing address is 8750 WEST BRYN MAWR AVENUE SUITE 1300, CHICAGO IL, 60631. The financial services provider's listed phone number is 708-831-7483 and its investor relations email address is [email protected] The official website for First Midwest Bancorp is www.firstmidwest.com.