First Financial Bankshares Inc (FFIN) is Reiterated by Hovde Group to Market Perform, Raises Price Target to $ 32.50

First Financial Bankshares Inc (FFIN) was Reiterated by Hovde Group to “Market Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 32.50 from a previous price target of $27.50 . Hovde Group advised their investors in a research report released on Apr 25, 2016.

Many Wall Street Analysts have commented on First Financial Bankshares Inc. Hovde Group Upgraded First Financial Bankshares Inc on Feb 29, 2016 to ” Market Perform”, Price Target of the shares are set at $27.50.First Financial Bankshares Inc was Downgraded by Sandler O’Neill to ” Sell” on Jan 29, 2016.

On the company’s financial health, First Financial Bankshares Inc reported $0.39 EPS for the quarter, based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus estimate of $0.39.Analysts expectations of $ 83.82.During the same quarter in the previous year, the company posted $0.37 EPS.

First Financial Bankshares Inc closed down -0.18 points or -0.56% at $31.91 with 2,82,056 shares getting traded on Friday. Post opening the session at $31.96, the shares hit an intraday low of $31.2 and an intraday high of $32.41 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Mar 14, 2016, Randall Allen Roewe (Chief Risk Officer) purchased 200 shares at $28.59 per share price. According to the SEC, on Feb 19, 2016, Murray Hamilton Edwards (director) purchased 475 shares at $27.14 per share price. On Feb 19, 2016, Ivan Tim Lancaster (director) purchased 1,000 shares at $27.03 per share price, according to the Form-4 filing with the securities and exchange commission.

First Financial Bankshares Inc. is a financial holding company. Through its subsidiaries the Company conducts commercial banking business. It provides commercial banking services which include accepting and holding checking savings and time deposits making loans automated teller machines drive-in and night deposit services safe deposit facilities remote deposit capture Internet banking mobile banking payroll cards transmitting funds and other customary commercial banking services. It also conducts trust activities through First Financial Trust & Asset Management Company National Association its trust company. Through its trust company it offers personal trust services which include the administration of estates testamentary trusts revocable and irrevocable trusts and agency accounts. In addition it provides securities brokerage services through a third-party in its Abilene San Angelo Cleburne Stephenville Eastland and Weatherford banking regions.

First Financial Bankshares Inc

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