Firstsun Capital Bancorp (NASDAQ:FSUN) Now Covered by Analysts at Keefe, Bruyette & Woods

Analysts at Keefe, Bruyette & Woods assumed coverage on shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in a report released on Tuesday, MarketBeat reports. The brokerage set an “outperform” rating and a $46.00 price target on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 16.49% from the company’s previous close.

Separately, Raymond James raised Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a report on Tuesday, November 19th.

Firstsun Capital Bancorp Price Performance

Shares of NASDAQ FSUN opened at $39.49 on Tuesday. The firm has a 50-day moving average price of $38.95. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28. Firstsun Capital Bancorp has a 52-week low of $33.31 and a 52-week high of $44.37.

Institutional Investors Weigh In On Firstsun Capital Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. Philadelphia Financial Management of San Francisco LLC acquired a new position in Firstsun Capital Bancorp in the 3rd quarter valued at about $873,000. State Street Corp acquired a new position in Firstsun Capital Bancorp in the 3rd quarter valued at $1,367,000. Charles Schwab Investment Management Inc. purchased a new position in Firstsun Capital Bancorp during the 3rd quarter worth $2,816,000. Geode Capital Management LLC acquired a new stake in shares of Firstsun Capital Bancorp in the 3rd quarter worth $3,066,000. Finally, Fourthstone LLC acquired a new stake in shares of Firstsun Capital Bancorp in the 3rd quarter worth $13,846,000.

Firstsun Capital Bancorp Company Profile

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.