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Berkshire Hills Bancorp Inc has a consensus price target of $23.67 based on the ratings of 7 analysts. The high is $28 issued by Janney Montgomery Scott on July 22, 2024. The low is $16 issued by Seaport Global on September 12, 2023. The 3 most-recent analyst ratings were released by Janney Montgomery Scott, Keefe, Bruyette & Woods, and RBC Capital on July 22, 2024, January 30, 2024, and January 26, 2024, respectively. With an average price target of $26.33 between Janney Montgomery Scott, Keefe, Bruyette & Woods, and RBC Capital, there's an implied -12.08% downside for Berkshire Hills Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Berkshire Hills Bancorp (NYSE:BHLB) was reported by Janney Montgomery Scott on July 22, 2024. The analyst firm set a price target for $28.00 expecting BHLB to fall to within 12 months (a possible -6.51% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Berkshire Hills Bancorp (NYSE:BHLB) was provided by Janney Montgomery Scott, and Berkshire Hills Bancorp downgraded their neutral rating.
The last upgrade for Berkshire Hills Bancorp Inc happened on January 29, 2024 when Seaport Global raised their price target to N/A. Seaport Global previously had a sell for Berkshire Hills Bancorp Inc.
The last downgrade for Berkshire Hills Bancorp Inc happened on July 22, 2024 when Janney Montgomery Scott changed their price target from N/A to $28 for Berkshire Hills Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Berkshire Hills Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Berkshire Hills Bancorp was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
While ratings are subjective and will change, the latest Berkshire Hills Bancorp (BHLB) rating was a downgraded with a price target of $0.00 to $28.00. The current price Berkshire Hills Bancorp (BHLB) is trading at is $29.95, which is out of the analyst’s predicted range.
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