1st Constitution Bancorp Stock Rating Lowered by Zacks (FCCY)
1st Constitution Bancorp (NASDAQ:FCCY) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Wednesday. They currently have a $9.70 price objective on the stock. Zacks‘s target price would indicate a potential downside of 5.37% from the company’s current price.
1st Constitution Bancorp (NASDAQ:FCCY) traded down 1.46% during mid-day trading on Wednesday, hitting $10.10. The stock had a trading volume of 3,500 shares. 1st Constitution Bancorp has a 52 week low of $9.51 and a 52 week high of $11.90. The stock has a 50-day moving average of $10.28 and a 200-day moving average of $10.37. The company has a market cap of $71.3 million and a P/E ratio of 21.44.
1st Constitution Bancorp (NASDAQ:FCCY) last announced its earnings results on Thursday, July 24th. The company reported $0.25 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.01. On average, analysts predict that 1st Constitution Bancorp will post $1.05 earnings per share for the current fiscal year.
1st Constitution Bancorp is a bank holding company for 1st Constitution Bank (NASDAQ:FCCY).
To view Zacks’ full report, visit Zacks’ official website.
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