Intercorp Financial Services has seen its fair value estimate revised upward to roughly US$59.02 from about US$46.81, a change of around 26%, following an updated model. JPMorgan raised its price target on the stock to US$56 from US$48, citing stronger 2026 earnings estimates after a solid start to the year, though it later downgraded the shares to Neutral from Overweight while keeping the US$56 target, noting a more balanced risk/reward and a desire for clarity on Peru's political transition. The fair value revision reflects updated assumptions including revenue growth of 18.91%, a net profit margin of 29.88%, a future P/E multiple of 10.88x, and a discount rate of 13.02%.
Intercorp Financial Services IncJPMorgan raised price target to $56 and upgraded fair value estimate to $59.02, but downgraded rating to Neutral, creating mixed signals.