First Financial Bancorp. (NASDAQ: FFBC) stock closed at $29.40 on 11/6/24 after a major increase of 13.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 293% of normal. The stock has been strong relative to the market over the last nine months and has risen 13.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FFBC is expected to continue to be a Value Builder.
First Financial Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. First Financial Bancorp has a good Power Rating of 72 and a good Appreciation Score of 80, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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