Fulton Financial Corporation (FULT) : Analyst Rating Update

Fulton Financial Corporation (FULT) : 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fulton Financial Corporation (FULT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Fulton Financial Corporation (FULT) : The highest short term price target forecast on Fulton Financial Corporation (FULT) is $14 and the lowest target price is $13. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $13.25 with a standard deviation of $0.5.

Fulton Financial Corporation (NASDAQ:FULT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.94 and $12.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.17, notching a gain of 0.92% for the day. The total traded volume was 650,097 . The stock had closed at $13.05 on the previous day.

The company shares have rallied 1.16% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $14.59 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.73 and the 200 Day Moving Average price is recorded at $13.23.

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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