First Financial Bancorp (Ohio) Given New $22.00 Price Target at Keefe, Bruyette & Woods (FFBC)
Stock analysts at Keefe, Bruyette & Woods upped their price objective on shares of First Financial Bancorp (Ohio) (NASDAQ:FFBC) from $20.00 to $22.00 in a report issued on Monday, American Banking and Market News reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 37.67% from the stock’s previous close.
A number of other firms have also recently commented on FFBC. Analysts at Guggenheim raised their price target on shares of First Financial Bancorp (Ohio) to $17.50 in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Analysts at Raymond James raised their price target on shares of First Financial Bancorp (Ohio) from $18.00 to $18.50 in a research note to investors on Friday, December 20th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $32.43.
First Financial Bancorp (NASDAQ:FFBC) traded down 3.62% during mid-day trading on Monday, hitting $15.98. 274,827 shares of the company’s stock traded hands. First Financial Bancorp has a 1-year low of $14.31 and a 1-year high of $17.77. The stock’s 50-day moving average is $17.20 and its 200-day moving average is $16.08. The company has a market cap of $864.1 million and a price-to-earnings ratio of 19.98.
First Financial Bancorp (Ohio) (NASDAQ:FFBC) last announced its earnings results on Friday, January 31st. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. On average, analysts predict that First Financial Bancorp will post $1.13 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 1st. Shareholders of record on Friday, February 28th will be given a dividend of 0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.75%.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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