First – Consensus points to a potential rise of 8.0%
First with ticker code (FCF) now have 5 analysts covering the stock with consensus suggesting a “Hold” rating. The target price varies between 18 and 16 by calculating the average target price that we see 16.5. With the stock’s previous close at 15.28, this would indicate that there is potential upwards of 8.0%. There is a 50 day moving average of 14.7 and the 200 moving average now drops to 12.86. The company’s market capitalization is $ 1,417 million. Company website: http://www.fcbanking.com
First Commonwealth Financial Corporation, a financial holding company, provides various banking services to individuals and businesses in the United States. Its consumer services include personal chequing accounts, interest-bearing chequing accounts, health savings and savings accounts, insured money market accounts, debit cards, investment certificates, cash certificates. fixed and variable rate deposit, mortgages, secured and unsecured installment loans, construction and home loans, safes, credit cards, lines of credit with overdraft protection, IRA accounts and ATM services (ATM), as well as Internet, mobile and telephone banking services. The Company’s commercial banking services include commercial loans, commercial chequing accounts, online account management services, payroll direct deposits, commercial cash management services and repo agreements, as well as services ACH mounting. It also offers various trust and asset management services; auto, home and business insurance, as well as term life insurance; and annuity, mutual fund, and stock and bond brokerage services through brokerage and insurance brokers. As of December 31, 2020, the company operated 120 community banking offices in western and central Pennsylvania, as well as northeast, central and southwestern Ohio; corporate banking centers in Pittsburgh, Pennsylvania, as well as Columbus, Canton and Cleveland, Ohio; mortgage bank offices in Wexford, Pa., and Hudson, Westlake, as well as Lewis Center, Ohio; and 139 ATMs. The First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania.