A number of research firms have changed their ratings and price targets for First Commonwealth Financial Corporation (NYSE: FCF):

  • 9/8/2017 – First Commonwealth Financial Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $14.00 price target on the stock.
  • 9/5/2017 – First Commonwealth Financial Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 9/4/2017 – First Commonwealth Financial Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 8/30/2017 – First Commonwealth Financial Corporation had its price target lowered by analysts at Canaccord Genuity from C$4.25 to C$3.25. They now have a “buy” rating on the stock.
  • 8/30/2017 – First Commonwealth Financial Corporation had its price target lowered by analysts at Raymond James Financial, Inc. from C$4.50 to C$3.75. They now have an “outperform” rating on the stock.
  • 8/29/2017 – First Commonwealth Financial Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 8/28/2017 – First Commonwealth Financial Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 8/23/2017 – First Commonwealth Financial Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 8/10/2017 – First Commonwealth Financial Corporation had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $14.00 price target on the stock.
  • 8/2/2017 – First Commonwealth Financial Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “First Commonwealth Financial Corporation is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Corporation operates two chartered banks, First Commonwealth Bank and Southwest Bank. Personal financial planning and other financial services and insurance products are also provided through First Commonwealth Trust Company and First Commonwealth Insurance Agency. The Corporation also operates through Commonwealth Systems Corporation, a data processing subsidiary. “
  • 7/27/2017 – First Commonwealth Financial Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/17/2017 – First Commonwealth Financial Corporation is now covered by analysts at Royal Bank Of Canada. They set an “outperform” rating and a $14.00 price target on the stock.

First Commonwealth Financial Corporation (FCF) opened at 13.07 on Thursday. The company’s 50-day moving average price is $12.70 and its 200 day moving average price is $12.90. First Commonwealth Financial Corporation has a 52-week low of $9.62 and a 52-week high of $14.61. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 18.46 and a beta of 0.99.

First Commonwealth Financial Corporation (NYSE:FCF) last issued its quarterly earnings data on Wednesday, July 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. First Commonwealth Financial Corporation had a return on equity of 9.45% and a net margin of 21.61%. The business had revenue of $76.72 million for the quarter, compared to the consensus estimate of $76.82 million. During the same period in the prior year, the business posted $0.14 earnings per share. On average, equities analysts expect that First Commonwealth Financial Corporation will post $0.80 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 2.45%. First Commonwealth Financial Corporation’s dividend payout ratio (DPR) is presently 45.07%.

First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.

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