Piper Sandler (NYSE:PIPR) analyst Andrew Liesch maintained a Hold rating on First Hawaiian (NASDAQ:FHB) Inc on Thursday, setting a price target of $16, which is approximately 10.57% above the present share price of $14.47.
Liesch expects First Hawaiian Inc to post earnings per share (EPS) of $0.15 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Sell rating of shares in First Hawaiian, with an average price target of $14.5.
The analysts price targets range from a high of $16 to a low of $13.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $152.84 million and a net profit of $0. The company's market cap is $1.88 billion.
According to TipRanks.com, Piper Sandler analyst Andrew Liesch is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.4% and a 35.71% success rate.
First Hawaiian, Inc. is a bank holding company, which engages in the provision of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services through its subsidiary First Hawaiian Bank. It operates through the following business segments: Retail Banking, Commercial Banking, and Treasury and Other. The Retail Banking segment offers residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases; deposits such as checking, savings and time deposit accounts to consumers, small businesses and certain commercial customers. The Commercial Banking segment provides corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards that they provide primarily to middle market and large companies in Hawaii, Guam, Saipan, and California. The Treasury and Other segment relates to treasury business, which consists of corporate asset and liability management activities, including interest rate risk management; as well as organizational units such as technology, operations, credit and risk management, human resources, finance, administration, marketing, and corporate and regulatory administration. The company was founded in 1858 and is headquartered in Honolulu, HI.