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Enter Symbol:
 
Firstmerit Corporation (FMER) [hlAlert]

Rating:
Outperform
FMER
down 10.55 %

Firstmerit Corporation (FMER) rated Outperform with price target $25 by RBC Capital Mkts

Posted on: Wednesday,  Jul 24, 2013  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Firstmerit Corporation (NASDAQ: FMER) on 07/24/2013. Previously RBC Capital Mkts rated Outperform Firstmerit Corporation (NASDAQ: FMER) on
07/28/2010., when the stock price was $19.89. Since then, Firstmerit Corporation has lost 10.56% as of 01/28/2016's recent price of $17.79.
If you would have followed the previous RBC Capital Mkts's recommendation on FMER, you would have lost 10.55% of your investment in 2010 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2013 9:25 AM Buy
None
22.80 25.00
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
10/26/2011 12:25 PM Buy
None
13.83 17.00
10/27/2010 9:25 AM Buy
None
17.70 21.00
7/28/2010 11:25 AM Buy
None
19.89 23.00

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