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First Financial Bancorp (FFBC) Receives a Hold from RBC Capital

RBC Capital analyst Jon Arfstrom maintained a Hold rating on First Financial Bancorp (FFBCResearch Report) on July 13 and set a price target of $24.00. The company’s shares closed last Thursday at $19.02, close to its 52-week low of $19.00.

According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of 20.1% and a 53.5% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and Provident Financial Services.

First Financial Bancorp has an analyst consensus of Hold, with a price target consensus of $24.00.

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The company has a one-year high of $26.83 and a one-year low of $19.00. Currently, First Financial Bancorp has an average volume of 333.8K.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is neutral on the stock.

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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.

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