Keefe, Bruyette & Woods Assumes Coverage on First Financial Bankshares (FFIN) at Market Perform

July 13, 2011 7:40 AM EDT
Get Alerts FFIN Hot Sheet
Price: $34.12 --0%

Rating Summary:
    2 Buy, 9 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 15
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Keefe, Bruyette & Woods assumes coverage on First Financial Bankshares (NASDAQ: FFIN) with a Market Perform. PT $32.

KBW analyst says, "First Financial is a rural Texas bank with solid asset quality and above-average returns, which we believe is soon to participate in another accretive consolidation wave of smaller Texas banks. While an impressive company, the rather full valuation keeps us at Market Perform."

For more ratings news on First Financial Bankshares click here and for the rating history of First Financial Bankshares click here.

Shares of First Financial Bankshares closed at $33.92 yesterday.


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