Boenning & Scattergood Sticks to Its Hold Rating for Fulton Financial Corp (FULT)


Boenning & Scattergood analyst Matthew Schultheis reiterated a Hold rating on Fulton Financial Corp (FULT) today. The company’s shares closed yesterday at $16.64.

According to TipRanks.com, Schultheis is a 3-star analyst with an average return of 3.7% and a 54.5% success rate. Schultheis covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Union Bankshares Corporation.

The word on The Street in general, suggests a Hold analyst consensus rating for Fulton Financial Corp.

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Based on Fulton Financial Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $58.08 million. In comparison, last year the company had a net profit of $49.48 million.

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Fulton Financial Corp. is financial holding company, which through its subsidiaries, engages in the provision of consumer and commercial banking products and services. It offers checking account and savings deposit products, certificates of deposit and individual retirement accounts.

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