First Hawaiian Inc (NYSE:FHB)‘s stock had its “buy” rating restated by stock analysts at Barclays PLC in a research report issued on Friday. They presently have a $29.00 price objective on the stock. Barclays PLC’s price objective would suggest a potential upside of 8.25% from the company’s current price.

Several other equities research analysts have also issued reports on the company. Compass Point started coverage on First Hawaiian in a research report on Thursday, August 11th. They set a “buy” rating and a $29.00 price target on the stock. Citigroup Inc. started coverage on First Hawaiian in a research report on Monday, August 29th. They set a “neutral” rating and a $26.00 price target on the stock. JPMorgan Chase & Co. started coverage on First Hawaiian in a research report on Monday, August 29th. They set an “overweight” rating and a $28.50 price target on the stock. Bank of America Corp. started coverage on First Hawaiian in a research report on Monday, August 29th. They set a “neutral” rating and a $27.00 price target on the stock. Finally, Credit Suisse Group AG started coverage on First Hawaiian in a research report on Monday, August 29th. They set an “outperform” rating and a $29.00 price target on the stock. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. First Hawaiian currently has a consensus rating of “Hold” and a consensus price target of $27.94.

Shares of First Hawaiian (NYSE:FHB) opened at 26.79 on Friday. The firm has a market cap of $3.74 billion and a P/E ratio of 16.61. First Hawaiian has a 12-month low of $24.25 and a 12-month high of $27.97. The firm has a 50-day moving average price of $26.05 and a 200-day moving average price of $26.05.

In related news, Director Paribas Bnp sold 24,250,000 shares of the company’s stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $21.97, for a total transaction of $532,772,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

About First Hawaiian

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.

5 Day Chart for NYSE:FHB

Receive News & Ratings for First Hawaiian Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Hawaiian Inc and related companies with MarketBeat.com's FREE daily email newsletter.