Financial Institutions PT Raised to $24.00 at Keefe, Bruyette & Woods (FISI)
Investment analysts at Keefe, Bruyette & Woods upped their price objective on shares of Financial Institutions (NASDAQ:FISI) from $22.00 to $24.00 in a note issued to investors on Friday, AnalystRatingsNetwork.com reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 0.38% from the stock’s previous close.
A number of other firms have also recently commented on FISI. Analysts at Sterne Agee downgraded shares of Financial Institutions from a “buy” rating to a “neutral” rating in a research note to investors on Thursday. Finally, analysts at Zacks upgraded shares of Financial Institutions from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, September 20th. They now have a $19.90 price target on the stock.
Shares of Financial Institutions (NASDAQ:FISI) traded up 2.40% on Friday, hitting $23.91. The stock had a trading volume of 23,420 shares. Financial Institutions has a 52-week low of $17.61 and a 52-week high of $21.99. The stock has a 50-day moving average of $20.2 and a 200-day moving average of $19.8. The company has a market cap of $328.6 million and a price-to-earnings ratio of 14.50.
Financial Institutions (NASDAQ:FISI) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.03. On average, analysts predict that Financial Institutions will post $1.76 earnings per share for the current fiscal year.
Financial Institutions, Inc (NASDAQ:FISI) is a financial holding company.
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