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Enter Symbol:
 
First Bancorp (FBNC) [hlAlert]

Rating:
Outperform
FBNC
down 11.20 %

First Bancorp (FBNC) rated Outperform by Raymond James

Posted on: Monday,  Mar 24, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform First Bancorp (NASDAQ: FBNC) on 03/24/2014, when the stock price was $19.18. Since
then, First Bancorp has lost 11.21% as of 08/27/2015's recent price of $17.03.
If you would have followed this Raymond James's recommendation on FBNC, you would have lost 11.2% of your investment in 521 days.

First Bancorp is a one-bank holding company. The principal activity of the Company is the ownership and operation of First Bank. They also own and operate two nonbank subsidiaries, Montgomery Data Services, Inc. and First Bancorp Financial Services, Inc.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/24/2014 8:25 AM Buy
None
19.18
as of 10/17/2014
1 Week up  5.77 %
1 Month up  1.12 %
3 Months up  3.33 %
1 YTD down  -11.26 %

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