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Enter Symbol:
 
First Connecticut Bancorp Inc (FBNK) [hlAlert]

Rating:
Buy FBNK
up 7.20 %

First Connecticut Bancorp Inc (FBNK) rated Buy with price target $20 by Compass Point

Posted on: Friday,  Aug 7, 2015  8:25 AM ET by Compass Point

Compass Point rated Buy First Connecticut Bancorp Inc (NASDAQ: FBNK) on 08/07/2015, when the stock price was $15.82.
Since then, First Connecticut Bancorp Inc has gained 7.21% as of 08/27/2015's recent price of $16.96.
If you would have followed this Compass Point's recommendation on FBNK, you would have gained 7.2% of your investment in 20 days.

First Connecticut Bancorp, Inc. (FCB) is a stock holding company. FCB has been formed in connection with the conversion of First Connecticut Bancorp, Inc. a mutual holding company (MHC) from the mutual to the stock form of organization. As of December 31, 2009, MHC owned all of the outstanding stock of Farmington Bank, a savings bank. The MHC will cease to exist as a result of the conversion, and FCB will own all of the common stock of Farmington Bank. As of December 31, 2009, FCB had not engaged in any business. The Company will own 100% of Farmington Bank after the completion of the conversion. As of December 31, 2009, FCB?s only subsidiary was Farmington Bank.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2015 8:25 AM Buy
None
15.82 20.00
as of 8/27/2015
1 Week up  7.00 %
1 Month up  7.20 %
3 Months   
1 YTD up  7.20 %

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