Analyst Rating Update on Fulton Financial Corporation (FULT)

Fulton Financial Corporation (NASDAQ:FULT) : The consensus on Fulton Financial Corporation (NASDAQ:FULT) based on 7 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Fulton Financial Corporation (NASDAQ:FULT) : The highest level Fulton Financial Corporation (NASDAQ:FULT) 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 $13.25 and the possibility the share price can swing is $0.5.

Company shares have received an average consensus rating of Hold for the current week

Fulton Financial Corporation (NASDAQ:FULT): stock turned positive on Tuesday. Though the stock opened at $12.92, the bulls momentum made the stock top out at $13.13 level for the day. The stock recorded a low of $12.87 and closed the trading day at $13.08, in the green by 2.67%. The total traded volume for the day was 1,245,439. The stock had closed at $12.74 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Deporter Michael J, officer (Principal Accounting Officer) of Fulton Financial Corp, had unloaded 15,833 shares at an average price of $13.27 in a transaction dated on October 23, 2015. The total value of the transaction was worth $210,104.

Fulton Financial Corporation is a multi-bank financial holding company. The Company provides a range of banking and financial services to businesses and consumers through its six wholly owned banking subsidiaries: Fulton Bank, N.A., Fulton Bank of New Jersey, The Columbia Bank, Lafayette Ambassador Bank, FNB Bank, N.A. and Swineford National Bank. In addition, the Company owns the non-bank subsidiaries, such as Fulton Reinsurance Company, LTD, Fulton Financial Realty Company, Central Pennsylvania Financial Corp., FFC Management, Inc., FFC Penn Square, Inc. and Fulton Insurance Services Group, Inc. The Company offers, through its banking subsidiaries, a range of retail and commercial banking services in Pennsylvania, Delaware, Maryland, New Jersey and Virginia.

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