Boenning & Scattergood Keeps Their Hold Rating on First Commonwealth (FCF)


In a report released today, Matthew Schultheis from Boenning & Scattergood maintained a Hold rating on First Commonwealth (FCF). The company’s shares closed yesterday at $12.95.

According to TipRanks.com, Schultheis is a 3-star analyst with an average return of 3.8% and a 57.8% success rate. Schultheis covers the Financial sector, focusing on stocks such as Citizens Financial Services Inc, Union Bankshares Corporation, and Fulton Financial Corp.

Currently, the analyst consensus on First Commonwealth is a Hold with an average price target of $15.

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First Commonwealth’s market cap is currently $1.28B and has a P/E ratio of 11.97. The company has a Price to Book ratio of 1.31.

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First Commonwealth Financial Corp. is a financial holding company, which provides a diversified array of consumer and commercial banking services through its bank subsidiary, First Commonwealth Bank (FCB). It also provides trust and wealth management services and offer insurance products through FCB and its other operating subsidiaries.

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