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ValuEngine upgraded First Bank (NASDAQ:FRBA) to Buy in a statement released earlier today.

ValuEngine has upgraded First Bank (NASDAQ:FRBA) to Buy in a statement released on Friday June 02, 2017.

On 5/30/2017, Robert W. Baird released a statement for First Bank (NASDAQ:FRBA) bumped up the target price from $0.00 to $14.00 that suggested an upside of 0.20%.

Boasting a price of $11.80, First Bank (NASDAQ:FRBA) traded 2.75% higher on the day. With the last stock price close down 5.50% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. First Bank has recorded a 50-day average of $12.79 and a two hundred day average of $12.42. Volume of trade was up over the average, with 41,759 shares of FRBA changing hands over the typical 13,317

See Chart Below

First Bank (NASDAQ:FRBA)

First Bank has a price-earnings ratio of 20.57 with a one year low of $8.60 and a one year high of $14.80 FRBA’s total market value is presently $0.

More About First Bank (NASDAQ:FRBA)

First Bank is a commercial bank. The Company provides a range of lending, deposit and other financial products and services. It operates through Community Banking segment, which is engaged in providing a range of commercial and retail and related banking services. It 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, and multi-family loans), residential real estate loans, and consumer and other loans. It offers a range of deposit instruments, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts and certificates of deposit. It operates 14 branches located in Cranbury, Denville, Ewing, Flemington, Hamilton, Lawrence, Somerset, Randolph and Williamstown, New Jersey, and Trevose, Doylestown, Warminster, Bensalem and Levittown in Bucks County.

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