Zacks Investment Research upgraded First of Long Island Corp (NASDAQ:FLIC) to Hold in a report released today.
- Updated: October 4, 2016
Just yesterday First of Long Island Corp (NASDAQ:FLIC) traded 0.37% higher at $32.46. First of Long Island Corp’s 50-day moving average is $32.34 and its 200-day moving average is $30.37. The last stock price is up 6.90% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 40,273 shares of FLIC traded hands, up from an average trading volume of 39,706
Zacks Investment Research has upgraded First of Long Island Corp (NASDAQ:FLIC) to Hold in a report released on 10/4/2016.
Previously on 8/25/2016, Raymond James Financial Inc. released a statement about First of Long Island Corp (NASDAQ:FLIC) increased the target price from $0.00 to $28.00. At the time, this indicated a possible downside of -0.15%.
Recent Performance Chart
First of Long Island Corp has 52 week low of $26.14 and a 52 week high of $33.53 with a PE ratio of 16.64 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is $32.25 with 0 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On First of Long Island Corp (NASDAQ:FLIC)
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-in banking, merchant credit card services, and investment management and trust services. Its loan portfolio consists of loans to borrowers on Long Island and in the boroughs of New York City, and its real estate loans are secured by properties located in those areas. It has an Investment Management Division that provides investment management, pension trust, personal trust, estate and custody services. Additionally, the Bank has two commercial banking branches in Manhattan.
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