First Commonwealth (FCF) Receives a Hold from Boenning & Scattergood


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 $13.51.

According to TipRanks.com, Schultheis is a 3-star analyst with an average return of 2.3% and a 48.8% success rate. Schultheis covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Fulton Financial Corp.

Currently, the analyst consensus on First Commonwealth is a Moderate Buy with an average price target of $16.

See today’s analyst top recommended stocks >>

First Commonwealth’s market cap is currently $1.36B and has a P/E ratio of 15.89. The company has a Price to Book ratio of 1.39.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FCF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts