F.N.B. Corporation (NYSE:FNB)‘s stock had its “hold” rating reiterated by analysts at Royal Bank Of Canada in a report released on Friday. They presently have a $15.00 price target on the bank’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 22.25% from the stock’s previous close.

A number of other brokerages have also issued reports on FNB. BidaskClub lowered F.N.B. Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. Wells Fargo & Company initiated coverage on F.N.B. Corporation in a research report on Friday, June 2nd. They set an “outperform” rating on the stock. ValuEngine lowered F.N.B. Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised F.N.B. Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $18.00 target price on shares of F.N.B. Corporation in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. F.N.B. Corporation has an average rating of “Buy” and an average price target of $17.55.

F.N.B. Corporation (FNB) opened at 12.27 on Friday. The stock has a market cap of $3.94 billion, a P/E ratio of 15.79 and a beta of 0.96. F.N.B. Corporation has a 12-month low of $11.86 and a 12-month high of $16.43. The stock has a 50 day moving average price of $13.11 and a 200-day moving average price of $14.11.

F.N.B. Corporation (NYSE:FNB) last issued its quarterly earnings data on Thursday, July 20th. The bank reported $0.23 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.23. The company had revenue of $284.50 million for the quarter, compared to analysts’ expectations of $294.39 million. F.N.B. Corporation had a return on equity of 6.97% and a net margin of 19.43%. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 earnings per share. On average, equities analysts expect that F.N.B. Corporation will post $0.95 earnings per share for the current year.

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In other news, insider Gary L. Guerrieri sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $13.19, for a total transaction of $92,330.00. Following the completion of the transaction, the insider now directly owns 38,407 shares in the company, valued at $506,588.33. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William B. Campbell sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $13.90, for a total value of $41,700.00. Following the transaction, the director now owns 84,370 shares of the company’s stock, valued at $1,172,743. The disclosure for this sale can be found here. Insiders own 1.21% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fort Pitt Capital Group LLC boosted its position in shares of F.N.B. Corporation by 145.5% during the second quarter. Fort Pitt Capital Group LLC now owns 558,797 shares of the bank’s stock worth $7,913,000 after buying an additional 331,172 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of F.N.B. Corporation by 1,757.8% during the second quarter. Public Employees Retirement System of Ohio now owns 152,320 shares of the bank’s stock worth $2,157,000 after buying an additional 144,121 shares during the period. National Asset Management Inc. acquired a new position in shares of F.N.B. Corporation during the second quarter worth approximately $395,000. Kalos Management Inc. acquired a new position in shares of F.N.B. Corporation during the second quarter worth approximately $2,573,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of F.N.B. Corporation by 90.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 60,218 shares of the bank’s stock worth $853,000 after buying an additional 28,532 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

About F.N.B. Corporation

F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance. Its Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.

Analyst Recommendations for F.N.B. Corporation (NYSE:FNB)

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