Firstsun Capital Bancorp (NASDAQ:FSUN) Earns Outperform Rating from Analysts at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods began coverage on shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in a research note released on Tuesday, Marketbeat Ratings reports. The firm issued an outperform rating and a $46.00 price objective on the stock.

Separately, Raymond James raised shares of Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price target on the stock in a research note on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Up 2.6 %

Shares of FSUN opened at $41.12 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. Firstsun Capital Bancorp has a 1 year low of $33.31 and a 1 year high of $44.37. The business’s 50 day moving average price is $39.10.

Institutional Investors Weigh In On Firstsun Capital Bancorp

Institutional investors have recently modified their holdings of the stock. Philadelphia Financial Management of San Francisco LLC purchased a new position in shares of Firstsun Capital Bancorp during the 3rd quarter worth about $873,000. State Street Corp purchased a new position in shares of Firstsun Capital Bancorp during the third quarter valued at approximately $1,367,000. Charles Schwab Investment Management Inc. bought a new position in shares of Firstsun Capital Bancorp during the third quarter valued at approximately $2,816,000. Geode Capital Management LLC purchased a new stake in shares of Firstsun Capital Bancorp in the third quarter worth approximately $3,066,000. Finally, Fourthstone LLC purchased a new stake in shares of Firstsun Capital Bancorp in the third quarter worth approximately $13,846,000.

About Firstsun Capital Bancorp

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.