Jefferies Starts First Financial Bancorp (FFBC) at Hold

December 20, 2011 7:14 AM EST
Get Alerts FFBC Hot Sheet
Price: $34.38 +0.12%

Rating Summary:
    5 Buy, 9 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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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.


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