FVCBANKCORP Inc/SH (FVCB) Upgraded by Raymond James to Strong-Buy

Raymond James upgraded shares of FVCBANKCORP Inc/SH (OTCMKTS:FVCB) from an outperform rating to a strong-buy rating in a research report sent to investors on Tuesday, The Fly reports. The firm currently has $21.00 price target on the stock.

Separately, Zacks Investment Research upgraded FVCBANKCORP Inc/SH from a hold rating to a buy rating and set a $21.00 target price for the company in a report on Friday, August 3rd.

FVCBANKCORP Inc/SH stock opened at $17.13 on Tuesday. FVCBANKCORP Inc/SH has a twelve month low of $16.43 and a twelve month high of $21.20.



FVCBANKCORP Inc/SH (OTCMKTS:FVCB) last posted its earnings results on Thursday, October 18th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $10.63 million for the quarter, compared to analysts’ expectations of $10.22 million. Equities analysts anticipate that FVCBANKCORP Inc/SH will post 1.12 earnings per share for the current fiscal year.

In other FVCBANKCORP Inc/SH news, Director Phillip R. Wills III purchased 25,000 shares of FVCBANKCORP Inc/SH stock in a transaction dated Tuesday, September 18th. The shares were acquired at an average cost of $20.00 per share, with a total value of $500,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have bought 27,000 shares of company stock worth $538,390.

About FVCBANKCORP Inc/SH

FVCBankcorp, Inc provides various banking products and services in Fairfax, Virginia. It offers various personal and business banking products and services, such as checking and savings accounts, money market accounts, certificates of deposit, individual retirement accounts, and health savings accounts.

Further Reading: Understanding Stock Ratings

The Fly

Receive News & Ratings for FVCBANKCORP Inc/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FVCBANKCORP Inc/SH and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply