First PacTrust Bancorp (NASDAQ: BANC) was downgraded by investment analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday. They currently have a $11.00 target price on the stock, down from their previous target price of $13.00.
Shares of First PacTrust Bancorp traded down 3.56% during mid-day trading on Monday, hitting $10.3001. First PacTrust Bancorp has a one year low of $10.08 and a one year high of $13.11. The stock’s 50-day moving average is currently $11.51. The company has a market cap of $122.5 million and a P/E ratio of 26.70.
First PacTrust Bancorp last posted its quarterly earnings results on Friday, March 1st. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.15 by $0.45. On average, analysts predict that First PacTrust Bancorp will post $0.95 earnings per share for the current fiscal year.
BANC has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of First PacTrust Bancorp from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 20th. They now have a $11.90 price target on the stock.
Three research analysts have rated the stock with a buy rating, and one has given a hold rating to the company. The company presently has an average rating of “overweight” and an average target price of $13.75.
First PacTrust Bancorp, Inc. is a unitary thrift holding company. The Company is the holding company for Pacific Trust Bank (the Bank).
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