Keefe, Bruyette & Woods Starts Central Pacific Financial (CPF) at Market Perform; Getting Back to Its Hawaii Roots

Article Stock Quotes (1) Comments (0)

Keefe, Bruyette & Woods initiates coverage on Central Pacific Financial (NYSE: CPF) with a Market Perform. PT $12.00.

KBW analyst says, "Although the company suffered significant credit losses over the past few years due primarily to rapid growth in its mainland portfolio, it has since revised its strategy and is now focusing on its Hawaii franchise...We are establishing 2011, 2012, and 2013 EPS estimates of $0.97, $0.75, and $0.75, respectively."

For an analyst ratings summary and ratings history on Central Pacific Financial click here. For more ratings news on Central Pacific Financial click here.

Shares of Central Pacific Financial closed at $13.12 yesterday, with a 52 week range of $1.35-$35.03.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Raymond James Starts Central Pacific Financial (CPF) at Outperform
• UPDATE: Exane BNP Paribas Downgrades BlackBerry (BBRY) to Underperform; Analyst Says Profit 'Drying Up'
• Ladenburg Thalmann Starts Kohlberg Capital (KCAP) at Buy

Create E-mail Alert Related Categories

New Coverage

Related Entities

Keefe, Bruyette & Woods

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?