Fulton Financial Corp (FULT) Stock AnalysisFULTFulton Financial Corp

Fulton Financial Corporation is a financial holding company. Through its banking subsidiary, Fulton Bank (the Bank), the Company delivers financial services primarily within its five-state market area, comprising Pennsylvania, Delaware, Maryland, New Jersey and Virginia, in a personalized, community-oriented style that emphasizes relationship banking. The Bank offers a diversified suite of consumer banking products and services in its market area. The Bank's consumer banking products and services include various checking account and savings deposit products and certificates of deposit. The Bank provides commercial banking products and services primarily to small- and medium-sized businesses. The Bank's commercial lending products include commercial real estate loans, commercial and industrial loans and others. It offers wealth management services, which include investment management, trust, brokerage, insurance and investment advisory services, to consumer and commercial customers. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

Fulton Financial Corp is currently a hold. The stock is trading at $22.10, which is below the analyst price targets of $26 and $27, indicating potential upside. However, the RSI is at 28.73, suggesting the stock is oversold, and the recent insider selling has increased by 510.39%, which raises concerns about future performance. The company has shown strong revenue growth, with Q2 revenues at $367.87 million, a 12% increase year-over-year, and a solid EPS of $0.60, exceeding expectations. The main risk is the declining loan growth guidance, which could impact future earnings.

10 analysts cover FULT: 0 rate it Buy, 9 Hold and 1 Sell. The average price target is 21.00.