FHB Price Prediction Next Week
Technical Analysis
Based on recent price action, FHB is showing a bullish trend with strong resistance at $28.80 (52-week high) and support at $27.50. The stock has been trading in a consolidation pattern near its yearly highs.
Fundamental Analysis & Recent News
- Wells Fargo maintains a Sell rating with $24 price target, citing concerns about valuation
- KBW has a Hold rating with $31 price target, suggesting limited upside potential
- Current analyst consensus is Moderate Sell with average price target of $27.57
- Q4 2024 results met expectations with EPS of $0.41
- Upcoming dividend of $0.26 payable on 2/28/25 with ex-dividend date 2/14/25
Price Forecast for Next Week
Based on technical indicators and recent analyst actions, here are the projected price levels:
- Resistance: $28.80 (52-week high)
- Support: $27.50
- Target Range: $27.20 - $28.30
Trading Recommendation
SELL Recommendation based on:
- Multiple analyst downgrades and bearish sentiment
- Stock trading near 52-week highs
- Current price above average analyst target of $27.57
- Technical indicators suggesting overbought conditions
Price Target: $27.20 (expected pullback of ~1.5% from current levels)
Stop Loss: $28.90 (above 52-week high)
FHB Similar Chart Price Prediction
The price of FHB is predicted to go up 31.61%, based on the high correlation periods with GPRK. The similarity of these two price pattern on the periods is 94.32%.
FHB
GPRK
Up: 31.61%Similarity: 94.32%
FHB Revenue Forecast
FHB EPS Forecast
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FHB Analyst's Forecast
Jared Shaw
Barclays
Hold
2024-12-19
Price Target
$27 → $28
Upside
+8.11%
Barclays raised the firm's price target on First Hawaiian to $28 from $27 and keeps an Equal Weight rating on the shares. The firm is optimistic on the positioning of U.S. mid cap banks into 2025. The industry is poised for tailwinds with growth, net interest margin, efficiency and regulation, the analyst tells investors in a research note. Additionally, credit performance has been better than feared a year ago, with banks building reserves and limiting losses, adds Barclays. With a "supportive macro backdrop" for growth and mergers, along with optimism around net interest margin, Barclays is "bullish on the group into 2025."
Anthony Elian
JP Morgan
Sell
2024-12-17
Price Target
$25 → $27
Upside
+4.25%
Timur Braziler
Wells Fargo
Sell
2024-12-03
Price Target
$21 → $22
Downside
-19.59%
