Alert: Rating Downgrade (7/1/20)-F.N.B. Corp (NYSE: FNB).


Stock Rating Downgrade

In the last week the Value Trend Rating for F.N.B. Corp (NYSE: FNB) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

F.N.B. Corp (NYSE: FNB) stock closed at $7.09 on 7/1/20 after a very large decline of -5.5%. NORMAL trading volume accompanied the decline. The stock has declined -5.0% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

FNB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

F.N.B. has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. F.N.B. has a slightly positive Appreciation Score of 61 but a very low Power Rating of 14, and the Negative Value Trend Rating results.

About John Lafferty 80827 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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