Analysts have clear opinions on OFG.
There are 1 analyst offering 12 month price targets for OFG Bancorp in the last 3 months. The average price target is $27.00 with a high forecast of $27.00 and a low forecast of $27.00. The average price target represents a 25.70% increase from the last price of $21.48.
OFG Bancorp (OFG) is followed by 1 analysts on the street.
Alexander Twerdahl from Piper Sandler rates it a Buy with a target of $27.00.
Similarly, 6 months ago Glen Manna of KBW Reiterated a Buy with a target of $28.00.
The consensus on the street is Moderate Buy.
What does OFG Bancorp(OFG) do ?
OFG Bancorp operates as a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Banking, Wealth Management, and Treasury. The Banking segment includes its branches and traditional banking products such as deposits and commercial, consumer and mortgage loans. The Wealth Management segment involves in financial planning, money management and investment banking, brokerage services, insurance sales activity, corporate and individual trust and retirement services, and retirement plan administration services. The Treasury segment encompasses all its asset and liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.
OFG Bancorp (OFG) Insider Trades
Multiple company employees have indulged in significant insider trading. OFG Bancorp disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Dir, Colon Jorge : P – Purchase(+$33,656) of OFG in the trading session of 2019-11-21.
Dir Perez Edwin : P – Purchase(+$808,448) of OFG in the trading session of 2019-11-21.
Dir Inclan Julian : P – Purchase(+$46,440) of OFG Bancorp in the trading session of 2018-12-26.
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