Janney Montgomery analyst Feddie Strickland maintained a Hold rating on Fulton Financial (FULT – Research Report) today. The company’s shares closed yesterday at $14.49.
According to TipRanks, Strickland is an analyst with an average return of -4.8% and a 20.00% success rate. Strickland covers the Financial sector, focusing on stocks such as Capital City Bank, Fulton Financial, and Amerant Bancorp.
Fulton Financial has an analyst consensus of Hold, with a price target consensus of $16.00, implying a 10.42% upside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $17.00 price target.
Based on Fulton Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $271.38 million and a net profit of $64.26 million. In comparison, last year the company earned a revenue of $280.23 million and had a net profit of $81.83 million
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Fulton Financial (FULT) Company Description:
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. The company also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers in the market areas serviced by the subsidiary banks. The company was founded on February 8, 1982 and is headquartered in Lancaster, PA.
