F.N.B. Corp. Given New $14.00 Price Target at BMO Capital Markets (FNB)
BMO Capital Markets upped their target price on shares of F.N.B. Corp. (NYSE:FNB) from $13.00 to $14.00 in a research note issued on Monday, Stock Ratings Network.com reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 7.53% from the stock’s previous close.
A number of other analysts have also recently weighed in on FNB. Analysts at FIG Partners initiated coverage on shares of F.N.B. Corp. in a research note to investors on Thursday, October 3rd. They set a “market perform” rating and a $13.25 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of F.N.B. Corp. from $12.50 to $13.00 in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $13.29.
Shares of F.N.B. Corp. (NYSE:FNB) traded up 0.31% on Monday, hitting $13.02. The stock had a trading volume of 695,639 shares. F.N.B. Corp. has a 1-year low of $10.20 and a 1-year high of $13.35. The stock’s 50-day moving average is $12.53 and its 200-day moving average is $11.97. The company has a market cap of $1.885 billion and a P/E ratio of 15.64.
F.N.B. Corp. (NYSE:FNB) last released its earnings data on Thursday, October 17th. The company reported $0.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.21 by $0.01. During the same quarter in the prior year, the company posted $0.22 earnings per share. On average, analysts predict that F.N.B. Corp. will post $0.84 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, December 15th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Wednesday, November 27th.
F.N.B. Corporation is a financial holding company and a bank holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.