F.N.B. Corporation (FNB) Shares are Up 4.94%

F.N.B. Corporation (FNB) has been under a strong bear grip, hence the stock is down -2.27% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.49% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.94% in the last 1 week, and is up 0.16% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

F.N.B. Corporation (NYSE:FNB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.45 and $12.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.54, notching a gain of 1.79% for the day. The total traded volume was 3,862,432 . The stock had closed at $12.32 on the previous day.

The stock has recorded a 20-day Moving Average of 0.4% and the 50-Day Moving Average is 1.15%. F.N.B. Corporation has dropped 0.44% during the last 3-month period . Year-to-Date the stock performance stands at -4.23%.

F.N.B. Corporation (FNB) : The highest level F.N.B. Corporation (FNB) is projected to reach is $14 for the short term and the lowest estimate is at $13. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $13.19 and the possibility the share price can swing is $0.24.


F.N.B. Corporation is a financial holding company. The Company has four business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. The Companys Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual instalment loans. The Companys Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of Community Banking. The Companys Insurance segment operates principally through First National Insurance Agency, LLC (FNIA), which is a subsidiary of the Corporation. The Companys Consumer Finance segment operates through its subsidiary, Regency Finance Company.

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