Boston Private Financial Holdings Price Target Increased to $12.00 by Analysts at BMO Capital Markets (BPFH)
BMO Capital Markets boosted their price target on shares of Boston Private Financial Holdings (NASDAQ:BPFH) from $11.00 to $12.00 in a research note issued on Monday, Analyst Ratings Net reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 3.27% from the stock’s previous close.
BPFH has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Boston Private Financial Holdings in a research note to investors on Friday, October 18th. They now have a $11.50 price target on the stock. Analysts at Sandler O’Neill initiated coverage on shares of Boston Private Financial Holdings in a research note to investors on Wednesday, September 18th. They set a “buy” rating and a $12.50 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $11.44.
Shares of Boston Private Financial Holdings (NASDAQ:BPFH) traded up 0.17% during mid-day trading on Monday, hitting $11.62. 289,150 shares of the company’s stock traded hands. Boston Private Financial Holdings has a 52 week low of $8.35 and a 52 week high of $11.52. The stock’s 50-day moving average is $10.81 and its 200-day moving average is $10.19. The company has a market cap of $927.5 million and a price-to-earnings ratio of 18.35.
Boston Private Financial Holdings (NASDAQ:BPFH) last released its earnings data on Thursday, October 17th. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.03. On average, analysts predict that Boston Private Financial Holdings will post $0.73 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 22nd. Shareholders of record on Friday, November 8th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, November 6th.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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