First Business Financial Services Now Covered by Analysts at Davidson (FBIZ)
Analysts at Davidson started coverage on shares of First Business Financial Services (NASDAQ:FBIZ) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at DA Davidson initiated coverage on shares of First Business Financial Services in a research note on Monday. They set a “buy” rating and a $53.00 price target on the stock. Analysts at FIG Partners upgraded shares of First Business Financial Services from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. They now have a $48.00 price target on the stock, down previously from $49.00.
First Business Financial Services (NASDAQ:FBIZ) traded up 2.19% during mid-day trading on Tuesday, hitting $46.75. 52,023 shares of the company’s stock traded hands. First Business Financial Services has a 52 week low of $29.97 and a 52 week high of $49.13. The stock’s 50-day moving average is $44.36 and its 200-day moving average is $45.29. The company has a market cap of $184.4 million and a P/E ratio of 12.76.
First Business Financial Services (NASDAQ:FBIZ) last announced its earnings results on Monday, July 28th. The company reported $0.88 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.90 by $0.02. Analysts expect that First Business Financial Services will post $3.73 EPS for the current fiscal year.
First Business Financial Services, Inc (NASDAQ:FBIZ) is a bank holding company engaged in the commercial banking business through its wholly owned subsidiaries, First Business Bank and First Business Bank – Milwaukee (the Banks).
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