Boston Private Financial Holdings PT Raised to $12.50 (BPFH)
Stock analysts at Keefe, Bruyette & Woods upped their price objective on shares of Boston Private Financial Holdings (NASDAQ:BPFH) from $11.50 to $12.50 in a report issued on Friday, AR Network reports. Keefe, Bruyette & Woods’ target price points to a potential downside of 5.52% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at FIG Partners upgraded shares of Boston Private Financial Holdings from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday. They now have a $14.00 price target on the stock, up previously from $12.75. Separately, analysts at Jefferies Group cut their price target on shares of Boston Private Financial Holdings from $13.00 to $12.50 in a research note to investors on Tuesday, October 22nd. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Boston Private Financial Holdings from $11.00 to $12.00 in a research note to investors on Monday, October 21st. They now have a “market perform” rating on the stock. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Boston Private Financial Holdings currently has an average rating of “Buy” and an average target price of $12.44.
Shares of Boston Private Financial Holdings (NASDAQ:BPFH) traded down 1.34% during mid-day trading on Friday, hitting $13.23. The stock had a trading volume of 899,367 shares. Boston Private Financial Holdings has a 1-year low of $8.88 and a 1-year high of $14.25. The stock has a 50-day moving average of $12.05 and a 200-day moving average of $11.35. The company has a market cap of $1.056 billion and a P/E ratio of 21.25.
Boston Private Financial Holdings (NASDAQ:BPFH) last issued its quarterly earnings data on Wednesday, January 15th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.01. During the same quarter last year, the company posted $0.15 earnings per share. Analysts expect that Boston Private Financial Holdings will post $0.81 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 21st. Stockholders of record on Friday, February 7th will be given a dividend of 0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend is Wednesday, February 5th. This is a boost from Boston Private Financial Holdings’s previous quarterly dividend of $0.07.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.