More than two weeks after First Hawaiian Inc FHB completed its 24.25 million IPO, which was priced at $23.00 a share, various brokerages have shared their mixed opinions toward the bank.
Market News and Data brought to you by Benzinga APIsInterestingly, at least seven brokerages have commented on and rated the company. The average price target is $27.80, offering a greater than 5 percent upside from current levels.
The rating among the brokerages ranged between Neutral and Overweight, with not a one Sell in sight. Let's look at the rating and price objective given by the eight investment advisors.
- Barclays initiated coverage with an Overweight rating and a price tag of $29.
- Goldman Sachs started with a Neutral rating and a price objective of $27.
- UBS initiated with a Neutral rating with a price target of $28.
- Credit Suisse initiated at an Outperform rating and price tag of $29.
- JPMorgan started with an Overweight rating and a price objective of $28.50.
- Citigroup initiated with a Neutral rating and a price tag of $26.
- Keefe, Bruyette & Woods began coverage with a Market Perform rating and a $27 price target.
At time of writing, the stock traded down by 0.53 percent at $26.44.
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date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
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Posted In: Analyst ColorLong IdeasPrice TargetInitiationTop StoriesAnalyst RatingsTrading IdeasBarclaysCitigroupCredit SuisseGoldman SachsJPMorganKeefe Bruyette & WoodsUBS
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