Piper Sandler (NYSE:PIPR) analyst Scott Siefers maintained a Hold rating on First Financial Bancorp (NASDAQ:FFBC). on Tuesday, setting a price target of $13.5, which is approximately 11.75% above the present share price of $12.08.
Siefers expects First Financial Bancorp. to post earnings per share (EPS) of $0.38 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in First Financial Bancorp, with an average price target of $14.25.
The analysts price targets range from a high of $15 to a low of $13.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $154.3 million and a net profit of $0. The company's market cap is $1.18 billion.
According to TipRanks.com, Piper Sandler analyst Scott Siefers is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.9% and a 44.63% success rate.
First Financial Bancorp operates a bank holding company. The firm operates through its wholly owned subsidiary, First Financial Bank, which engages in the provision of commercial banking, financial and other related activities. It operates through the following business lines: Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate and Commercial Finance. Its products and services include borrow; digital tools; digital services; self-service; digital wallet; treasury management; employee services; financial planning; investment management; and trust administration. The company was founded in 1983 and is headquartered in Cincinnati, OH.