Raymond James Believes First Foundation (FFWM) Still Has Room to Grow

In a report released today, David Feaster from Raymond James assigned a Buy rating to First Foundation (FFWM), with a price target of $27.00. The company’s shares closed last Tuesday at $23.67, close to its 52-week high of $25.59.

According to TipRanks.com, Feaster is a 5-star analyst with an average return of 42.4% and a 93.6% success rate. Feaster covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, Bank of NT Butterfield & Son, and Seacoast Banking Of Florida.

Currently, the analyst consensus on First Foundation is a Moderate Buy with an average price target of $28.50.

See today’s analyst top recommended stocks >>

First Foundation’s market cap is currently $1.07B and has a P/E ratio of 12.70. The company has a Price to Book ratio of 1.78.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Foundation, Inc. is a bank holding, which engages in the provision of comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking, Wealth Management, and Other. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Irvine, CA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts