Exceptional positive changes in First Commonwealth Financial Cor (NYSE: FCF) investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
First Commonwealth Financial Cor (NYSE: FCF) has benefited from significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FCF is expected to continue to be a Value Builder.
First Commonwealth Financial Cor has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Commonwealth Financial Cor has a good Appreciation Score of 71 but a neutral Power Rating of 47, resulting in the High Neutral Value Trend Rating.
Recent Price Action
First Commonwealth Financial Cor (NYSE: FCF) stock closed at $13.38 on 11/15/23 after a slight decline of -0.07%. The stock has performed in line with the market over the last nine months and has risen 3.8% during the last week.
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