1st Century Bancshar Lowered to “Neutral” at Zacks (FCTY)
1st Century Bancshar (NASDAQ:FCTY) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Wednesday, Analyst RN reports. They currently have a $8.40 target price on the stock. Zacks‘ target price would indicate a potential upside of 13.98% from the stock’s previous close.
Shares of 1st Century Bancshar (NASDAQ:FCTY) traded down 0.13% during mid-day trading on Wednesday, hitting $7.3601. 299 shares of the company’s stock traded hands. 1st Century Bancshar has a 52-week low of $4.50 and a 52-week high of $8.46. The stock has a 50-day moving average of $7.55 and a 200-day moving average of $6.51. The company has a market cap of $63.8 million and a P/E ratio of 8.84.
1st Century Bancshares, Inc (NASDAQ:FCTY) is a bank holding company that operates through its subsidiary, 1st Century Bank, National Association (the Bank), a full service commercial bank.
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