Fulton Financial Corp (NASDAQ:FULT) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 13, 2016
Zacks Investment Research has downgraded Fulton Financial Corp (NASDAQ:FULT) to Sell in a report released on 10/13/2016.
Only yesterday Fulton Financial Corp (NASDAQ:FULT) traded -2.55% lower at $14.16. Fulton Financial Corp’s 50-day moving average is $14.43 and its 200-day moving average is $13.89. With the last stock price up 1.98% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trading volume was up over the average, with 891,308 shares of FULT changing hands over the typical 789,637
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With a total market value of $0, Fulton Financial Corp has 52 week low of $11.48 and a one year high of $14.86 with a price-earnings ratio of 16.31 .
A total of 11 brokers have issued a research note on the stock. One analyst rating the company a strong buy, one equity analyst rating the company a buy, 10 brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally zero firms rating the stock a sell with a 12-month price target of $13.55.
Brief Synopsis On Fulton Financial Corp (NASDAQ:FULT)
Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. The Company, through its banking subsidiaries, offers a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia. The Company's subsidiary banks deliver products and services through traditional branch banking, with a network of service branch offices. Each of its subsidiary banks offer a range of consumer and commercial banking products and services in its local market area. Its non-bank subsidiaries include Fulton Financial Realty Company, Central Pennsylvania Financial Corp., FFC Management, Inc., FFC Penn Square, Inc. and Fulton Insurance Services Group, Inc.
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