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First Hawaiian Inc (NYSE: FHB) shares recently surpassed the average analyst 12-month target price of $28.83, trading at $29.00 per share. This movement raises questions regarding potential analyst reactions, which could involve downgrading the stock based on valuation or adjusting the target price upwards due to favorable business developments.
There are currently six analysts contributing to the average target for First Hawaiian, with estimates ranging from $26.00 to $33.00. The standard deviation among these targets is $2.786, indicating varying degrees of analyst outlook on the stock’s performance.
The firm currently holds a breakdown of ratings with 5 “Hold” ratings, 1 “Sell,” and 1 “Strong Sell,” leading to an average rating of 3.43 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.”
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