NEW YORK, November 16, 2016 /PRNewswire/ --
On Tuesday, the NASDAQ Composite ended the trading session up 1.10%; the Dow Jones Industrial Average edged 0.29% higher; and the S&P 500 closed up 0.75%. Gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated research reports today on the following Banking equities: Valley National Bancorp (NYSE: VLY), M&T Bank Corporation (NYSE: MTB), Fulton Financial Corporation (NASDAQ: FULT), and Webster Financial Corporation (NYSE: WBS). Learn more about these stocks by downloading their comprehensive and free reports at:
Valley National Bancorp
Wayne, New Jersey headquartered Valley National Bancorp's stock finished Tuesday's session 1.08% higher at $11.25 with a total volume of 2.54 million shares traded. Over the last one month and the previous three months, Valley National Bancorp's shares have gained 17.92% and 23.69%, respectively. Furthermore, the stock has advanced 8.56% in the past one year. Shares of the Company, which operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services, are trading at a PE ratio of 24.78. The Company's shares are trading above its 50-day and 200-day moving averages by 15.71% and 21.60%, respectively. Valley National Bancorp's stock has a Relative Strength Index (RSI) of 81.87.
On November 14th, 2016, research firm Sandler O'Neill downgraded the Company's stock rating from 'Buy' to 'Hold'. VLY complete research report is just a click away and free at:
Buffalo, New York headquartered M&T Bank Corp.'s stock edged 0.79% lower, to close the day at $138.85. The stock recorded a trading volume of 1.45 million shares, which was above its three months average volume of 868,210 shares. M&T Bank's shares have gained 21.80% in the last one month, 18.90% in the previous three months, and 14.55% in the past one year. Shares of the Company, which operates as the holding company for M&T Bank and Wilmington Trust, National Association that provide commercial and retail banking services, are trading 16.61% and 21.26% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 18.54 and has an RSI of 83.93.
On October 20th, 2016, research firm FBR & Co. reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $115 a share to $120 a share. The complimentary report on MTB can be downloaded at:
On Tuesday, shares in Lancaster, Pennsylvania headquartered Fulton Financial Corp. recorded a trading volume of 1.31 million shares, which was higher than their three months average volume of 867,820 shares. The stock ended the day 0.86% higher at $17.65. Shares of the Company, which operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers, are trading at a PE ratio of 19.48. Fulton Financial's stock has gained 24.30% in the last one month, 28.51% in the previous three months, and 29.28% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 20.05% and 28.87%, respectively. Furthermore, shares of Fulton Financial have an RSI of 86.46.
On October 20th, 2016, research firm FBR & Co. reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $14 a share to $15 a share. Sign up for your complimentary research report on FULT at:
On Tuesday, shares in Waterbury, Connecticut headquartered Webster Financial Corp. ended the session 1.72% lower at $46.76 with a total volume of 3.29 million shares traded. Webster Financial's shares have gained 26.21% in the last one month and 26.28% in the previous three months. Furthermore, the stock has gained 25.95% in the past one year. The stock is trading 19.30% above its 50-day moving average and 28.10% above its 200-day moving average. Moreover, shares of the Company, which operates as the bank and financial holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the US, are trading at a PE ratio of 22.20 and have an RSI of 79.00.
On November 14th, 2016, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Get free access to your research report on WBS at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA