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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Buy FMER
up 29.94 %

Firstmerit Corporation (FMER) rated Buy by Sandler O'Neill

Posted on: Wednesday,  Nov 21, 2012  9:25 AM ET by Sandler O'Neill

Sandler O'Neill rated Buy Firstmerit Corporation (NASDAQ: FMER) on 11/21/2012, when the stock price was $13.69. Since
then, Firstmerit Corporation has gained 29.95% as of 01/28/2016's recent price of $17.79.
If you would have followed this Sandler O'Neill's recommendation on FMER, you would have gained 29.94% of your investment in 1163 days.

FirstMerit Corporation (FirstMerit) is a bank holding company. FirstMerit?s principal business consists of owning and supervising its affiliates. Through its subsidiaries, the Company operates primarily as a line of business banking organization, providing a range of banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers throughout northern and central Ohio, and western Pennsylvania. The Company?s major lines of business are commercial, retail, wealth and other. FirstMerit?s banking subsidiary is FirstMerit Bank, N.A (FirstMerit Bank). As of December 31, 2008, FirstMerit Bank operated a network of 163 full service banking offices and 188 automated teller machines.

Sandler O’Neill publishes in-depth equity research on approximately 200 financial services companies. Our analysts cover small-, mid- and large-cap banks and thrifts; specialty finance, asset management, credit card and eFinance companies; investment banks and insurers. __ We also publish frequent special reports on regional trends, industry consolidation, mutual-to-stock conversions, and other topics. Our research is especially valuable to smaller issuers that are not widely followed by “bulge bracket” Wall Street firms. Those issuers often have sufficient trading volume to attract institutional interest, yet lack quality coverage. We track larger issuers as well, providing fresh perspectives, independent thinking and deep industry knowledge.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2016 10:25 AM Buy
None
18.98
as of 12/31/2012
1 Week down  -1.18 %
1 Month up  0.78 %
3 Months up  3.65 %
1 YTD up  3.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2012 9:25 AM Buy
None
13.69

(*) Stock Price at the time of the recommendation.
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