InvestorsObserver
×
News Home

OFG Bancorp (OFG) Stock: Buy, Hold, or Sell?

Monday, January 25, 2021 02:01 PM | InvestorsObserver Analysts

Mentioned in this article

OFG Bancorp (OFG) Stock: Buy, Hold, or Sell?

InvestorsObserver is giving OFG Bancorp (OFG) an Analyst Rating Rank of 60, meaning OFG is ranked higher by analysts than 60% of stocks. The average projection by analysts for OFG is $19 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.5
Wall Street analysts are rating OFG a Strong Buy today. Find out what this means to you and get the rest of the rankings on OFG!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.

InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With OFG Bancorp Stock Today?

OFG Bancorp (OFG) stock is lower by -5.17% while the S&P 500 has risen 0.2% as of 1:58 PM on Monday, Jan 25. OFG is lower by -$0.99 from the previous closing price of $19.14 on volume of 157,425 shares. Over the past year the S&P 500 has gained 18.67% while OFG is lower by -11.03%. OFG earned $0.84 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.48.

Click Here to get the full report on OFG Bancorp (OFG) Stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App