Piper Jaffray Cos. announced First Financial Bancorp (NASDAQ:FFBC), boosting its stock price target to $23.00 today
- Updated: October 8, 2016
In a report issued 10/06/2016 Piper Jaffray Cos. bumped up the target of First Financial Bancorp (NASDAQ:FFBC) to $23.00 stating a potential upside of 0.05%.
On 7/25/2016, KBW released a statement about First Financial Bancorp (NASDAQ:FFBC) upped the target price from $19.00 to $21.00 that suggested a downside of -0.01%.
Having a price of $21.84, First Financial Bancorp (NASDAQ:FFBC) traded -0.23% lower on the day. With the last stock price up 5.86% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FFBC has recorded a 50-day average of $21.77 and a two hundred day average of $20.16. Trade Volume was up over the average, with 162,862 shares of FFBC changing hands over the typical 159,268
Recent Performance Chart
First Financial Bancorp has P/E ratio of 16.42 with a 52 week low of $13.76 and a 52 week high of $22.53 and has a market cap of $0.
In addition to Piper Jaffray Cos. reporting its target, a total of 8 equity analysts have released a research note on the company. The average stock price target is $20.19 with one analyst rating the company a strong buy, 2 brokers rating the stock a buy, five equity analysts rating the company a hold, 1 analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About First Financial Bancorp (NASDAQ:FFBC)
First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses include commercial lending, real estate lending and consumer financing. First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts, time deposits and cash management services for commercial customers. First Financial's Wealth Management division provides a range of trust and asset management services. It operates over 110 banking centers. The Company's operating markets are located within the regions of Ohio, Indiana, and Kentucky. First Financial operates over 60 banking centers in Ohio, approximately 40 banking centers in Indiana and over four banking centers in Kentucky.
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