First Interstate Bancsystem Inc (NASDAQ:FIBK) has been downgraded to Hold in a statement by Zacks Investment Research today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded First Interstate Bancsystem Inc (NASDAQ:FIBK) to Hold in a report released on 11/29/2016.
Yesterday First Interstate Bancsystem Inc (NASDAQ:FIBK) traded 0.13% higher at $37.30. The company’s 50-day moving average is $33.76 and its 200-day moving average is $30.47. The last stock close price is up 22.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 311,517 shares of the stock were exchanged, up from an average trading volume of 112,055
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First Interstate Bancsystem Inc has a 52 week low of $24.92 and a 52 week high of $38.75 with a P/E ratio of 17.85 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have issued a report on the stock. The consensus target price is $30.25 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About First Interstate Bancsystem Inc (NASDAQ:FIBK)
First Interstate BancSystem, Inc. is a financial and bank holding company. The Company, through its bank subsidiary First Interstate Bank (the Bank), delivers a range of banking products and services to individuals, businesses, municipalities and other entities. The Company operates through community banking segment. Its community banking segment provides customers with commercial and consumer banking products and services in its market areas through community service activities. The Company also offers Internet and mobile banking services. In addition to its primary emphasis on commercial and consumer banking services, the Company also offers trust, employee benefit, investment and insurance services through its bank subsidiary. It operates approximately 80 banking offices, including detached drive up facilities, in over 40 communities located in Montana, Wyoming and western South Dakota.
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