A report released today by Wedbush about Flagstar Bancorp Inc (NYSE:FBC) ups the target price to $30.00
- Updated: October 10, 2016
Reporting a potential upside of 0.07%, Wedbush upped the price target of Flagstar Bancorp Inc (NYSE:FBC) to $30.00
Having a price of $27.92, Flagstar Bancorp Inc (NYSE:FBC) traded 0.00% even on the day. With the last stock price up 11.21% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FBC has recorded a 50-day average of $27.79 and a two hundred day average of $25.11. Trade Volume was down over the average, with 75,279 shares of FBC changing hands under the typical 151,531
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Flagstar Bancorp Inc has a one year low of $17.25 and a one year high of $28.54 with a P/E ratio of 11.93 FBC’s total market value is presently $0.
A total of 7 analysts have released a report on Flagstar Bancorp Inc. One analyst rating the company a strong buy, four analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $25.93.
More About Flagstar Bancorp Inc (NYSE:FBC)
Flagstar Bancorp, Inc. is a savings and loan holding company. The Company's business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. The Company operates through three segments: Mortgage Originations, Mortgage Servicing and Community Banking. Through Mortgage Originations segment, it originates, acquires and sells one- to four-family residential mortgage loans. The Mortgage Servicing segment services and subservices mortgage loans, on a fee basis, for others. The Community Banking segment originates loans, provides deposits and fee based services to consumer, business and mortgage lending customers through its Branch Banking, Business and Commercial Banking, Government Banking, Warehouse Lending and Held-for-Investment Portfolio groups. It offers checking accounts, savings accounts, money market accounts, certificates of deposit and others. Other financial services include lines of credit, revolving credit, inventory and accounts receivable.
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