Somewhat Positive Media Coverage Somewhat Unlikely to Affect First Commonwealth Financial Corporation (FCF) Stock Price

Headlines about First Commonwealth Financial Corporation (NYSE:FCF) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Commonwealth Financial Corporation earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.1540649808388 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several research firms have issued reports on FCF. Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 target price on shares of First Commonwealth Financial Corporation in a research report on Wednesday, October 4th. Zacks Investment Research upgraded First Commonwealth Financial Corporation from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Wednesday, August 2nd. Raymond James Financial, Inc. dropped their target price on First Commonwealth Financial Corporation from C$4.50 to C$3.75 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. BidaskClub downgraded First Commonwealth Financial Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $14.00 target price on shares of First Commonwealth Financial Corporation in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $9.96.

First Commonwealth Financial Corporation (NYSE FCF) traded down 0.84% during midday trading on Wednesday, hitting $14.17. The company’s stock had a trading volume of 335,494 shares. The company’s 50 day moving average price is $13.23 and its 200 day moving average price is $12.91. First Commonwealth Financial Corporation has a 12 month low of $9.62 and a 12 month high of $14.61. The firm has a market cap of $1.38 billion, a P/E ratio of 20.01 and a beta of 1.01.

First Commonwealth Financial Corporation (NYSE:FCF) last posted its earnings results on Wednesday, July 26th. The bank reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. First Commonwealth Financial Corporation had a net margin of 21.61% and a return on equity of 9.45%. The firm had revenue of $76.72 million for the quarter, compared to the consensus estimate of $76.82 million. During the same period in the previous year, the firm posted $0.14 EPS. Analysts expect that First Commonwealth Financial Corporation will post $0.80 EPS for the current year.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect First Commonwealth Financial Corporation (FCF) Stock Price” was originally reported by The Ledger Gazette and is the property of o

Several research firms have issued reports on FCF. Keefe, Bruyette & Woods restated a “hold” rating and set a $14.00 target price on shares of First Commonwealth Financial Corporation in a research report on Wednesday, October 4th. Zacks Investment Research upgraded First Commonwealth Financial Corporation from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Wednesday, August 2nd. Raymond James Financial, Inc. dropped their target price on First Commonwealth Financial Corporation from C$4.50 to C$3.75 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. BidaskClub downgraded First Commonwealth Financial Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $14.00 target price on shares of First Commonwealth Financial Corporation in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $9.96.

First Commonwealth Financial Corporation (NYSE FCF) traded down 0.84% during midday trading on Wednesday, hitting $14.17. The company’s stock had a trading volume of 335,494 shares. The company’s 50 day moving average price is $13.23 and its 200 day moving average price is $12.91. First Commonwealth Financial Corporation has a 12 month low of $9.62 and a 12 month high of $14.61. The firm has a market cap of $1.38 billion, a P/E ratio of 20.01 and a beta of 1.01.

First Commonwealth Financial Corporation (NYSE:FCF) last posted its earnings results on Wednesday, July 26th. The bank reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. First Commonwealth Financial Corporation had a net margin of 21.61% and a return on equity of 9.45%. The firm had revenue of $76.72 million for the quarter, compared to the consensus estimate of $76.82 million. During the same period in the previous year, the firm posted $0.14 EPS. Analysts expect that First Commonwealth Financial Corporation will post $0.80 EPS for the current year.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect First Commonwealth Financial Corporation (FCF) Stock Price” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/11/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-first-commonwealth-financial-corporation-fcf-stock-price.html.

About First Commonwealth Financial Corporation

First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.

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