UBS Securities announced FCB Financial Holdings (NYSE:FCB), boosting its stock price target to $52.00 today
- Updated: January 11, 2017
Just yesterday FCB Financial Holdings (NYSE:FCB) traded -1.35% lower at $47.65. FCB Financial Holdings’s 50-day moving average is $46.38 and its 200-day moving average is $39.36. The last stock price is up 20.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.04% over the same time period. 57,393 shares of FCB traded hands, down from an average trading volume of 346,197
In a report released on 1/11/2017 UBS Securities increased the stock price target of FCB Financial Holdings (NYSE:FCB) from $47.00 to $52.00 reporting a possible upside of 0.09%.
Previously on 12/26/2016, Zacks Investment Research released a statement about FCB Financial Holdings (NYSE:FCB) increased the target price from $0.00 to $54.00. At the time, this indicated a possible upside of 0.12%.
Recent Performance Chart
FCB Financial Holdings has 52 week low of $28.64 and a 52 week high of $49.05 with a PE ratio of 20.27 and has a market capitalization of $0.
In addition to UBS Securities reporting its stock price target, a total of 7 brokerages have issued a ratings update on the company. The average stock price target is $38.29 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On FCB Financial Holdings (NYSE:FCB)
FCB Financial Holdings, Inc. is a bank holding company with one national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. The Company provides a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through approximately 50 branches in south and central Florida. The Company targets retail customers and commercial customers engaged in various industries, including healthcare and professional services; retail and wholesale trade; tourism; agricultural services; manufacturing; distribution and distribution-related industries; technology; automotive; aviation; food products; building materials; residential housing, and commercial real estate. It also selectively participates in syndicated loans to national credits.
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