Short Term Rating on Fulton Financial Corporation (FULT)

Fulton Financial Corporation (FULT) : The consensus on Fulton Financial Corporation (FULT) based on 7 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Fulton Financial Corporation (FULT) : 4 Wall Street analysts covering Fulton Financial Corporation (FULT) believe that the average level the stock could reach for the short term is $13.25. The maximum price target given is $14 and the minimum target for short term is around $13, hence the standard deviation is calculated at $0.5.

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


Fulton Financial Corporation (NASDAQ:FULT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.92 and $13.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.97, notching a gain of 1.67% for the day. The total traded volume was 1,029,989 . The stock had closed at $13.74 on the previous day.

Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its six wholly owned banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. In addition, the Company owns the non-bank subsidiaries, such as Fulton Reinsurance Company, LTD, Fulton Financial Realty Company, Central Pennsylvania Financial Corp., FFC Management, Inc., FFC Penn Square, Inc. and Fulton Insurance Services Group, Inc. The Company offers, through its banking subsidiaries, a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.

Comments (0)

Leave a Reply

Your email address will not be published.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