First Commonwealth Financial Corp. (Pennsylvania) PT Raised to $8.50 (FCF)
Equities researchers at Keefe, Bruyette & Woods upped their target price on shares of First Commonwealth Financial Corp. (Pennsylvania) (NYSE:FCF) from $8.00 to $8.50 in a research report issued on Friday, AnalystRatings.NET reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target indicates a potential downside of 2.52% from the stock’s previous close.
Separately, analysts at FBR Capital Markets raised their price target on shares of First Commonwealth Financial Corp. (Pennsylvania) from $8.00 to $8.50 in a research note to investors on Tuesday, August 27th. They now have a “market perform” rating on the stock.
Shares of First Commonwealth Financial Corp. (NYSE:FCF) traded down 1.58% on Friday, hitting $8.72. 813,390 shares of the company’s stock traded hands. First Commonwealth Financial Corp. has a 1-year low of $5.83 and a 1-year high of $8.13. The stock has a 50-day moving average of $7.50 and a 200-day moving average of $7.38. The company has a market cap of $850.8 million and a price-to-earnings ratio of 25.53.
First Commonwealth Financial Corp. (Pennsylvania) (NYSE:FCF) last announced its earnings results on Wednesday, October 23rd. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.05. During the same quarter in the prior year, the company posted $0.09 earnings per share. On average, analysts predict that First Commonwealth Financial Corp. will post $0.45 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 15th. Stockholders of record on Monday, November 4th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Thursday, October 31st.
First Commonwealth Financial Corporation (NYSE:FCF) is a financial holding company.
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