1st Constitution Bancorp Lifted to Neutral at Zacks (FCCY)
1st Constitution Bancorp (NASDAQ:FCCY) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Friday. The firm currently has a $10.10 price target on the stock. Zacks‘s target price would indicate a potential upside of 2.33% from the company’s current price.
Shares of 1st Constitution Bancorp (NASDAQ:FCCY) traded up 0.12% during mid-day trading on Friday, hitting $9.8814. 9,816 shares of the company’s stock traded hands. 1st Constitution Bancorp has a 52-week low of $9.70 and a 52-week high of $11.90. The stock has a 50-day moving average of $10.12 and a 200-day moving average of $10.29. The company has a market cap of $70.3 million and a P/E ratio of 20.69.
1st Constitution Bancorp (NASDAQ:FCCY) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.25 EPS for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.01. On average, analysts predict that 1st Constitution Bancorp will post $0.64 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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