F.N.B. Corporation (FNB) Shares are Up 0.65%

F.N.B. Corporation (FNB) has been under a strong bear grip, hence the stock is down -0.83% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.49% in the past 1 week. The stock has risen by 0.65% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.36% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 1.06%.The 200 Day SMA reached 1.06%


F.N.B. Corporation (NYSE:FNB): After opening at $12.17, the stock dipped to an intraday low of $12.16 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.36 and the buying power remained strong till the end. The stock closed at $12.3 for the day, a gain of 1.40% for the day session. The total traded volume was 1,280,851. The stocks close on the previous trading day was $12.3.

F.N.B. Corporation (FNB) stock is expected to deviate a maximum of $0.25 from the average target price of $13.25 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $14 and the most muted being $13.

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.

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