Analyst Rating Update on F.N.B. Corporation (FNB)

F.N.B. Corporation (NYSE:FNB) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

F.N.B. Corporation (NYSE:FNB) stock is expected to deviate a maximum of $0.43 from the average target price of $14.44 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $14.

Company shares have received an average consensus rating of Hold for the current week

F.N.B. Corporation (NYSE:FNB): stock turned positive on Tuesday. Though the stock opened at $11.98, the bulls momentum made the stock top out at $12.09 level for the day. The stock recorded a low of $11.82 and closed the trading day at $12.01, in the green by 2.13%. The total traded volume for the day was 1,283,391. The stock had closed at $11.76 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Fnb Corp/Fl/, Mencini Frank C, had purchased 1,550 shares in a transaction dated on May 4, 2016. The transaction was executed at $12.82 per share with total amount equaling $19,871.

F.N.B. Corporation is a financial holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. The Companys Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual instalment loans. The Companys Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of Community Banking. The Companys Insurance segment operates principally through First National Insurance Agency, LLC (FNIA), which is a subsidiary of the Corporation. The Companys Consumer Finance segment operates through its subsidiary, Regency Finance Company.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *