First Financial Bancorp (Ohio) PT Raised to $18.00 at Keefe, Bruyette & Woods (FFBC)
Equities research analysts at Keefe, Bruyette & Woods upped their price objective on shares of First Financial Bancorp (Ohio) (NASDAQ:FFBC) from $17.50 to $18.00 in a research note issued to investors on Monday. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 10.29% from the stock’s previous close.
Shares of First Financial Bancorp (NASDAQ:FFBC) traded down 1.39% on Monday, hitting $16.36. 70,984 shares of the company’s stock traded hands. First Financial Bancorp has a one year low of $14.53 and a one year high of $18.50. The stock has a 50-day moving average of $16.93 and a 200-day moving average of $16.90. The company has a market cap of $944.3 million and a P/E ratio of 19.31.
First Financial Bancorp (Ohio) (NASDAQ:FFBC) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.01. During the same quarter in the prior year, the company posted $0.27 earnings per share. Analysts expect that First Financial Bancorp will post $1.13 EPS for the current fiscal year.
FFBC has been the subject of a number of other recent research reports. 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. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $25.37.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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