Fulton Financial (NASDAQ:FULT – Get Free Report) had its price objective hoisted by investment analysts at Keefe, Bruyette & Woods from $17.00 to $19.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has a “market perform” rating on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 12.29% from the company’s previous close.
FULT has been the subject of a number of other reports. Stephens lowered their price target on Fulton Financial from $16.00 to $15.50 and set an “equal weight” rating for the company in a report on Thursday, April 18th. Jefferies Financial Group dropped their target price on shares of Fulton Financial from $17.00 to $16.00 and set a “hold” rating on the stock in a research report on Monday, April 8th. Janney Montgomery Scott upgraded shares of Fulton Financial from a “neutral” rating to a “buy” rating and set a $19.50 price target on the stock in a research note on Monday. Finally, StockNews.com downgraded shares of Fulton Financial from a “hold” rating to a “sell” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $17.50.
Check Out Our Latest Stock Report on FULT
Fulton Financial Stock Up 0.7 %
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of FULT. AE Wealth Management LLC acquired a new position in Fulton Financial in the 3rd quarter valued at about $156,000. GW Henssler & Associates Ltd. acquired a new position in shares of Fulton Financial in the third quarter valued at approximately $124,000. Miracle Mile Advisors LLC raised its stake in shares of Fulton Financial by 3.3% during the third quarter. Miracle Mile Advisors LLC now owns 32,494 shares of the bank’s stock worth $394,000 after purchasing an additional 1,048 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Fulton Financial by 20.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,563 shares of the bank’s stock worth $382,000 after purchasing an additional 5,428 shares during the period. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of Fulton Financial by 81.0% during the third quarter. Blue Bell Private Wealth Management LLC now owns 4,881 shares of the bank’s stock worth $59,000 after purchasing an additional 2,184 shares during the period. 72.02% of the stock is currently owned by institutional investors and hedge funds.
Fulton Financial Company Profile
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.
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