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First Bank (NASDAQ:FRBA) stock price target increased to $9.50, issued a research note today by Zacks Investment Research

Yesterday First Bank (NASDAQ:FRBA) traded -0.04% lower at $8.59. The company’s 50-day moving average is $8.39 and its 200-day moving average is $7.48. The last closing price is up 14.58% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,107 shares of the stock traded hands, down from an average trading volume of 4,351

In a report released on 10/11/2016 Zacks Investment Research increased the stock price target of First Bank (NASDAQ:FRBA) to $9.50 indicating a possible upside of 0.11%.

See Chart Below

First Bank (NASDAQ:FRBA)

First Bank has a 52 week low of $6.20 and a 52 week high of $8.99 with a P/E ratio of 19.42 The company’s market cap is currently $0.

General Information About First Bank (NASDAQ:FRBA)

First Bank (the Bank) is a commercial bank. The Bank provides a range of lending, deposit and other financial products and services. The Bank operates through Community Banking segment, which encompasses its primary business, which includes providing a range of commercial and retail and related banking services. The Bank offers a range of lending products to meet the needs of its customers located within its market areas, including commercial and industrial loans, commercial real estate loans (including owner-occupied, investor, construction and development and multi-family loans), residential real estate loans, and consumer and other loans. The Bank offers a range of deposit instruments, including non-interest bearing demand deposits (such as checking accounts), interest bearing demand accounts, money market accounts, savings accounts and certificates of deposit.

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