Keefe Bruyette analyst Christopher McGratty has adjusted the price target for Fulton Financial (FULT, Financial), reducing it to $21 from the previous $24. Despite this adjustment, the analyst maintains a Market Perform rating on the stock.
McGratty's decision comes as Fulton Financial continues to demonstrate robust underlying results. The company has also reaffirmed its guidance for 2025, offering stability in the face of broader economic uncertainties.
Investors are advised to consider these factors as they evaluate the potential performance of Fulton Financial's shares going forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Fulton Financial Corp (FULT, Financial) is $20.25 with a high estimate of $22.50 and a low estimate of $18.00. The average target implies an upside of 26.80% from the current price of $15.97. More detailed estimate data can be found on the Fulton Financial Corp (FULT) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Fulton Financial Corp's (FULT, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Fulton Financial Corp (FULT, Financial) in one year is $15.60, suggesting a downside of 2.32% from the current price of $15.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fulton Financial Corp (FULT) Summary page.
