Bank of Hawaii Corp. PT Raised to $48.00 at Credit Suisse (BOH)
Credit Suisse boosted their price objective on shares of Bank of Hawaii Corp. (NYSE:BOH) from $46.00 to $48.00 in a research note issued on Tuesday, AnalystRatingsNetwork reports. The firm currently has an “underperform” rating on the stock. Credit Suisse’s price target points to a potential downside of 16.49% from the stock’s previous close.
Shares of Bank of Hawaii Corp. (NYSE:BOH) traded down 0.86% during mid-day trading on Tuesday, hitting $57.48. The stock had a trading volume of 260,017 shares. Bank of Hawaii Corp. has a 1-year low of $41.41 and a 1-year high of $59.29. The stock has a 50-day moving average of $55.08 and a 200-day moving average of $52.49. The company has a market cap of $2.563 billion and a price-to-earnings ratio of 16.71.
Bank of Hawaii Corp. (NYSE:BOH) last released its earnings data on Monday, October 28th. The company reported $0.85 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.84 by $0.01. During the same quarter last year, the company posted $0.92 earnings per share. On average, analysts predict that Bank of Hawaii Corp. will post $3.38 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, November 26th.
BOH has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Bank of Hawaii Corp. from $61.00 to $62.00 in a research note to investors on Tuesday, October 29th. They now have an “overweight” rating on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Bank of Hawaii Corp. presently has a consensus rating of “Hold” and a consensus target price of $54.52.
Bank of Hawaii Corporation is a bank holding company. The Company’s operating subsidiary is Bank of Hawaii (NYSE:BOH).
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