Published On: Fri, Sep 16th, 2016

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First Hawaiian Inc (NYSE:FHB)‘s stock had its “buy” rating reissued by research analysts at Barclays PLC in a report released on Friday.
Several other research firms also recently commented on FHB. Bank of America Corp. began coverage on First Hawaiian in a research note on Monday, August 29th. They issued a “neutral” rating and a $27.00 price objective on the stock. Credit Suisse Group AG began coverage on First Hawaiian in a research note on Monday, August 29th. They issued an “outperform” rating and a $29.00 price objective on the stock. Keefe, Bruyette & Woods began coverage on First Hawaiian in a research note on Monday, August 29th. They issued a “market perform” rating and a $27.00 price objective on the stock. Deutsche Bank AG began coverage on First Hawaiian in a research note on Monday, August 29th. They issued a “hold” rating and a $29.00 price objective on the stock. Finally, JPMorgan Chase & Co. began coverage on First Hawaiian in a research note on Monday, August 29th. They issued an “overweight” rating and a $28.50 price objective on the stock. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $27.94.
Shares of First Hawaiian (NYSE:FHB) opened at 26.35 on Friday. The firm has a market cap of $3.68 billion and a P/E ratio of 16.34. The company’s 50 day moving average price is $26.02 and its 200 day moving average price is $26.02. First Hawaiian has a 12-month low of $24.25 and a 12-month high of $27.97.

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In other First Hawaiian news, Director Paribas Bnp sold 24,250,000 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $21.97, for a total transaction of $532,772,500.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
First Hawaiian Company Profile
First Hawaiian Inc, formerly BancWest Corporation, operates as a holding company for two financial institutions: Bank of the West and First Hawaiian Bank. The Company, through two banks serves approximately 3.39 million households and businesses through over 670 branch banking locations and commercial banking offices in 23 Western and Midwestern states, Guam and Saipan.

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