Jefferies Starts First Financial Bancorp (FFBC) at Hold
FFBC Hot Sheet
Rating Summary:0 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Jefferies initiates coverage on First Financial Bancorp (NASDAQ: FFBC) with a Hold. PT $16.00.
The firm comments, "While offering one of the best capital return stories of our group, the relative pricing of the shares, non-permanent nature of the dividend, and core earnings pressure keep us on the sidelines at this time."
For an analyst ratings summary and ratings history on First Financial Bancorp click here. For more ratings news on First Financial Bancorp click here.
Shares of First Financial Bancorp closed at $15.74 yesterday, with a 52 week range of $12.84-$19.57.
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The firm comments, "While offering one of the best capital return stories of our group, the relative pricing of the shares, non-permanent nature of the dividend, and core earnings pressure keep us on the sidelines at this time."
For an analyst ratings summary and ratings history on First Financial Bancorp click here. For more ratings news on First Financial Bancorp click here.
Shares of First Financial Bancorp closed at $15.74 yesterday, with a 52 week range of $12.84-$19.57.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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