F.N.B. Corp. Coverage Initiated at Jefferies Group (FNB)
Equities researchers at Jefferies Group initiated coverage on shares of F.N.B. Corp. (NYSE:FNB) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $14.50 price target on the stock. Jefferies Group’s price objective suggests a potential upside of 13.37% from the company’s current price.
F.N.B. Corp. (NYSE:FNB) traded down 1.24% on Monday, hitting $12.79. The stock had a trading volume of 1,247,755 shares. F.N.B. Corp. has a 52 week low of $10.87 and a 52 week high of $13.35. The stock has a 50-day moving average of $12.52 and a 200-day moving average of $12.50. The company has a market cap of $1.837 billion and a P/E ratio of 15.60.
A number of other firms have also recently commented on FNB. Analysts at BMO Capital Markets upgraded shares of F.N.B. Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, January 7th. They now have a $15.00 price target on the stock, up previously from $14.00. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of F.N.B. Corp. from $13.00 to $13.50 in a research note to investors on Tuesday, October 22nd. They now have a “market perform” rating on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $13.88.
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.
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