Research analysts at Raymond James increased their target price on shares of First Community Bancshares (NASDAQ:FCBC) from $10.00 to $11.00 in a report released on Friday, AnalystRatingsNetwork.com reports. Raymond James’ price objective suggests a potential downside of 35.97% from the company’s current price.
Separately, analysts at Zacks upgraded shares of First Community Bancshares from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 3rd. They now have a $16.40 price target on the stock.
First Community Bancshares (NASDAQ: FCBC) traded up 1.16% on Friday, hitting $17.38. First Community Bancshares has a 1-year low of $13.08 and a 1-year high of $17.29. The stock’s 50-day moving average is currently $15.85. The company has a market cap of $347.3 million and a price-to-earnings ratio of 12.16.
First Community Bancshares, Inc is a financial holding company. The Company serves as the holding company for First Community Bank (NASDAQ: FCBC).