First Business Financial Services Inc (NASDAQ:FBIZ) stock price target increased to $24.00, issued a research note today by DA Davidson
- Updated: November 26, 2016
Having a price of $21.94, First Business Financial Services Inc (NASDAQ:FBIZ) traded -1.13% lower on the day. With the last stock price down -4.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. FBIZ has recorded a 50-day average of $21.42 and a two hundred day average of $22.96. Trade Volume was down over the average, with 8,926 shares of FBIZ changing hands under the typical 15,655
In a report released on 11/23/2016 DA Davidson upped the price target of First Business Financial Services Inc (NASDAQ:FBIZ) to $24.00 stating a potential upside of 0.09%.
Recent Performance Chart
First Business Financial Services Inc has PE ratio of 12.84 with a one year low of $18.76 and a one year high of $27.35 and has a market capitalization of $0.
A total of 4 brokerages have issued a ratings update on First Business Financial Services Inc. zero brokerages rating the company a strong buy, two brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $26.25.
General Company Details For First Business Financial Services Inc (NASDAQ:FBIZ)
First Business Financial Services, Inc. (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks). The operations of FBFS are conducted through the Banks and certain subsidiaries of FBB. The Banks operate as business banks focusing on delivering a line of commercial banking products, including commercial loans and commercial real estate loans, and services to meet the needs of small- and medium-sized businesses, business owners, executives, professionals and high net worth individuals. Its business lines include commercial lending, asset-based financing, equipment financing, small business administration (SBA) lending, treasury management services, and trust and investment services. Its investments include short-term investments and securities.
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