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Zacks Investment Research downgraded FCB Financial Holdings Inc (NYSE:FCB) to Hold in a report released today.

Yesterday FCB Financial Holdings Inc (NYSE:FCB) traded -1.92% lower at $36.85. The company’s 50-day moving average is $38.26 and its 200-day moving average is $35.73. The last stock close price is up 3.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 126,168 shares of the stock were exchanged, down from an average trading volume of 195,846

Zacks Investment Research has downgraded FCB Financial Holdings Inc (NYSE:FCB) to Hold in a report released on 10/13/2016.

Previously on 9/27/2016, Zacks Investment Research reported about FCB Financial Holdings Inc (NYSE:FCB) raised the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

FCB Financial Holdings Inc (NYSE:FCB)

FCB Financial Holdings Inc has a 52 week low of $28.64 and a 52 week high of $39.44 with a P/E ratio of 16.55 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $38.29 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About FCB Financial Holdings Inc (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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