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Jefferies Stick to Their Hold Rating for F.N.B. Corp

Published 10/21/2021, 05:09 AM
Updated 10/21/2021, 05:09 AM


Jefferies (NYSE:JEF) analyst Casey Haire maintained a Hold rating on F.N.B. (NYSE:FNB) Corp on Friday, setting a price target of $12, which is approximately 2.12% below the present share price of $12.26.

Haire expects F.N.B. Corp to post earnings per share (EPS) of $0.31 for the fourth quarter of 2021.

The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in F.N.B., with an average price target of $13.17.
The analysts price targets range from a high of $13.5 to a low of $13.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $308 million and a net profit of $0. The company's market cap is $3.91 billion.

According to TipRanks.com, Jefferies analyst Casey Haire is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.5% and a 72.86% success rate.

F.N.B. Corp. is a financial holding company, which engages in the provision of commercial banking, consumer banking, insurance and wealth management solutions through its subsidiaries. It operates through the following segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers commercial and consumer banking services. The Commercial Banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets, and lease financing. The Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of community banking. The Insurance segment is a full-service insurance brokerage agency offering numerous lines of commercial and personal insurance through major carriers. The company was founded in 1974 and is headquartered in Pittsburgh, PA.

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