UBS has $26.0 Target Price per Share on FB Financial (TSE:FBK) after Started Coverage

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UBS Analyst Rating Change FB Financial TSE:FBK

FB Financial (TSE:FBK) Price Target & New Coverage by UBS

Toronto: FB Financial (TSE:FBK) coverage was was started with a Buy rating and $26.0 price target at UBS. UBS’s target price would suggest upside of 18.45 % from the company’s last stock close.

After the coverage TSE:FBK is right now trading 0.00% lower at $0.78 as of 04:50 New York time. FB Financial’s stock is 0% over the last 200 days. It has underperformed the S&P 500 Index, which has risen 4.81% over the same time.

FBK Stock Chart

FB Financial (TSE:FBK) Profile

Fibrek Inc., along with its subsidiaries, is a producer and marketer of virgin and recycled kraft pulp. The Company operates in two segments: northern bleached softwood kraft (NBSK) pulp segment and recycled bleached kraft (RBK) pulp segment. It owns a NBSK pulp mill located in Saint-Felicien, Quebec (the Saint- Felicien Mill), approximately 450 kilometers north of Montreal in the Lac-Saint-Jean region.

FB Financial (TSE:FBK) closed at $0.78 yesterday. A total of shares of the company’s stock traded hands. This is down from average of 10,037 shares. FB Financial has a 52 week low of $0.63 and a 52 week high of $1.35. The company has a market cap of $101.46M and a P/E ratio of 0.

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