KBW Keeps Their Hold Rating on First Financial Indiana (THFF)

In a report released today, Damon Delmonte from KBW maintained a Hold rating on First Financial Indiana, with a price target of $61.00. The company’s shares closed yesterday at $56.55.

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According to TipRanks, Delmonte is a 5-star analyst with an average return of 16.9% and a 79.46% success rate. Delmonte covers the Financial sector, focusing on stocks such as First Busey, First Business Financial, and Washington Bancorp.

The word on The Street in general, suggests a Hold analyst consensus rating for First Financial Indiana with a $61.00 average price target.

Based on First Financial Indiana’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $83.54 million and a net profit of $18.41 million. In comparison, last year the company earned a revenue of $68.83 million and had a net profit of $10.92 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THFF in relation to earlier this year. Last month, Susan M Jensen, a Director at THFF bought 33.00 shares for a total of $1,694.55.