Zacks Investment Research downgraded First Commonwealth Financial (NYSE:FCF) to Hold in a report released today.
- Updated: October 6, 2016
Zacks Investment Research has downgraded First Commonwealth Financial (NYSE:FCF) to Hold in a report released on 10/06/2016.
Previously on Wednesday October 05, 2016, Zacks Investment Research reported about First Commonwealth Financial (NYSE:FCF) raised the target price from $0.00 to $11.00. At the time, this indicated a possible upside of 0.10%.
Yesterday First Commonwealth Financial (NYSE:FCF) traded -0.30% lower at $9.97. The company’s 50-day moving average is $10.06 and its 200-day moving average is $9.40. The last stock close price is up 5.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 427,671 shares of the stock were exchanged, up from an average trading volume of 219,148
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First Commonwealth Financial has a 52 week low of $7.85 and a 52 week high of $10.36 with a P/E ratio of 18.79 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 analysts have released a report on First Commonwealth Financial. The 12-month price target is $9.00 with zero analysts rating the company a strong buy, 1 broker rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About First Commonwealth Financial (NYSE:FCF)
First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries. Its consumer services include Internet, mobile and telephone banking, an automated teller machine network, personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, investment certificates, fixed and variable rate certificates of deposit, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit lines with overdraft checking protection and individual retirement account (IRA) accounts. Its commercial banking services include commercial lending, small and high-volume business checking accounts and online account management services.
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