Impact of Brokerage Rating on Fulton Financial Corporation(FULT)

Many Fulton Financial Corporation(FULT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Downgraded by Hovde Group on Nov 18, 2016 to Market Perform, Raises Price Target to $ 19 from a previous price target of $16.50 .

Company has reported several Insider transactions to the SEC, on Jan 27, 2017, Curtis J Myers (Sr. Executive Vice President) sold 9,285 shares at 18.75 per share price.On Dec 7, 2016, Patrick Sean Barrett (CFO and Senior EVP) sold 22,404 shares at 18.15 per share price.On Nov 23, 2016, Beth Ann L Chivinski (SEVP & Chief Risk Officer) sold 25,741 shares at 17.90 per share price.

Fulton Financial Corp Last issued its quarterly earnings results on Jan 17, 2017. The company reported $0.24 EPS for the quarter. Analyst had a consensus estimate of $0.24. The company had revenue of $183.50 million for the quarter, compared to analysts expectations of $180.51 million. The companys revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

Fulton Financial Corporation (NASDAQ:FULT) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3.25 by 8 Brokerage Firm. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Fulton Financial Corporation (NASDAQ:FULT): The stock price is expected to reach $ 18.3 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $19 while the lower estimate is at $17. The standard deviation of the price stands at $0.84.

Fulton Financial Corporation (NASDAQ:FULT) rose 1.34% or 0.25 points on Tuesday and made its way into the gainers of the day. After trading began at $18.55 the stock was seen hitting $18.95 as a peak level and $18.4 as the lowest level. The stock ended up at $18.85. The daily volume was measured at 821,213 shares. The 52-week high of the share price is $19.45 and the 52-week low is $12.28. The company has a market cap of $3,266 million.

Fulton Financial Corp. is a bank holding company. It provides retail and commercial banking and investment management and trust services in central and eastern Pennsylvania, southern New Jersey, northern Maryland and southern Delaware through its wholly-owned subsidiaries: Fulton Bank, Lebanon Valley Farmers Bank, Swineford National Bank, Lafayette Ambassador Bank, FNB Bank, N.A., Great Valley Bank, Hagerstown Trust Company, Delaware National Bank, The Bank of Gloucester County, The Woodstown National Bank & Trust Company, and The Peoples Bank of Elkton.


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