Boston Private Financial Holdings Now Covered by Sandler O’Neill (BPFH)
Equities researchers at Sandler O’Neill started coverage on shares of Boston Private Financial Holdings (NASDAQ:BPFH) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets cut their price target on shares of Boston Private Financial Holdings (NASDAQ:BPFH) from $12.00 to $11.00 in a research note to investors on Tuesday, August 13th. They now have a “market perform” rating on the stock. Separately, analysts at Thomson Reuters/Verus upgraded shares of Boston Private Financial Holdings (NASDAQ:BPFH) from a “hold” rating to a “buy” rating in a research note to investors on Monday, July 22nd. Finally, analysts at RBC Capital reiterated a “hold” rating on shares of Boston Private Financial Holdings (NASDAQ:BPFH) in a research note to investors on Saturday, July 20th. They now have a $10.00 price target on the stock.
Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Boston Private Financial Holdings currently has a consensus rating of “Buy” and an average price target of $10.86.
Boston Private Financial Holdings (NASDAQ:BPFH) traded up 0.27% during mid-day trading on Wednesday, hitting $10.94. The stock had a trading volume of 52,759 shares. Boston Private Financial Holdings has a 1-year low of $8.35 and a 1-year high of $11.52. The stock’s 50-day moving average is $10.79 and its 200-day moving average is $10.24. The company has a market cap of $873.4 million and a price-to-earnings ratio of 18.09.
In other Boston Private Financial Holdings news, CEO Mark Thompson bought 10,000 shares of Boston Private Financial Holdings stock in a transaction dated Thursday, September 12th. The stock was purchased at an average cost of $10.66 per share, for a total transaction of $106,600.00. Following the completion of the acquisition, the chief executive officer now directly owns 391,432 shares in the company. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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