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Firstmerit Corporation (FMER) [hlAlert]

Rating:
Buy FMER
up 25.72 %

Firstmerit Corporation (FMER) rated Buy with price target $22 by UBS

Posted on: Friday,  Jun 21, 2013  11:25 AM ET by UBS

UBS rated Buy Firstmerit Corporation (NASDAQ: FMER) on 06/21/2013. Previously UBS rated Buy Firstmerit Corporation (NASDAQ: FMER) on 11/08/2011., when
the stock price was $14.15. Since then, Firstmerit Corporation has gained 25.72% as of 01/28/2016's recent price of $17.79.
If you would have followed the previous UBS's recommendation on FMER, you would have gained 25.72% of your investment in 1542 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2013 11:25 AM Buy
None
19.39 22.00
as of 12/13/2013
1 Week down  -5.27 %
1 Month down  -2.31 %
3 Months up  5.13 %
1 YTD up  54.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2011 11:25 AM Buy
None
14.15 19.00

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