Zacks Investment Research issued a report on First Commonwealth Financial (NYSE:FCF), raising its target price to $11.00 today
- Updated: October 8, 2016
Yesterday First Commonwealth Financial (NYSE:FCF) traded -0.20% lower at $9.97. The company’s 50-day moving average is $10.06 and its 200-day moving average is $9.41. The last stock close price is up 5.44% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 229,054 shares of First Commonwealth Financial exchanged hands, up from an average trading volume of 220,582
First Commonwealth Financial (NYSE:FCF) had its target upped to $11.00 by Zacks Investment Research in an issued report issued 10/05/2016. The upped price target implies a possible upside of 0.10% from the company's most recent stock close price.
Previously on 09/21/2016, KBW reported about First Commonwealth Financial (NYSE:FCF) raised the target price from $9.50 to $10.00. At the time, this indicated a possible downside of 0.00%.
Recent Performance Chart
First Commonwealth Financial has PE ratio of 18.75 with a one year low of $7.85 and a one year high of $10.36 and has a market capitalization of $0.
A total of 5 firms have reported on First Commonwealth Financial. zero equity analysts rating the company a strong buy, 1 brokerage rating the stock a buy, 5 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the stock a sell with a consensus target price of $9.00.
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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