First Financial Bancorp (Ohio) Receives Consensus Recommendation of “Hold” from Brokerages (NASDAQ:FFBC)
Shares of First Financial Bancorp (Ohio) (NASDAQ:FFBC) have earned an average rating of “Hold” from the nine analysts that are presently covering the stock, StockRatingsNetwork reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $25.94.
A number of analysts have recently weighed in on FFBC shares. Analysts at Barclays raised their price target on shares of First Financial Bancorp (Ohio) from $16.00 to $17.00 in a research note on Wednesday, July 9th. They now have an “underweight” rating on the stock. Separately, analysts at TheStreet upgraded shares of First Financial Bancorp (Ohio) from a “hold” rating to a “buy” rating in a research note on Thursday, July 3rd. Finally, analysts at Zacks downgraded shares of First Financial Bancorp (Ohio) from an “outperform” rating to a “neutral” rating in a research note on Monday, May 12th. They now have a $19.10 price target on the stock.
First Financial Bancorp (NASDAQ:FFBC) opened at 16.73 on Thursday. First Financial Bancorp has a 52-week low of $14.53 and a 52-week high of $18.50. The stock’s 50-day moving average is $16.91 and its 200-day moving average is $16.96. The company has a market cap of $965.5 million and a price-to-earnings ratio of 19.80.
First Financial Bancorp (Ohio) (NASDAQ:FFBC) last released its earnings data on Tuesday, April 29th. The company reported $0.28 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.28. During the same quarter in the prior year, the company posted $0.24 earnings per share. Analysts expect that First Financial Bancorp will post $1.13 EPS for the current fiscal year.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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