Eastern Bankshares

EBCNASDAQ
$13.98
0.463.40%
At Close: -
$13.98
00.00%
After Hours: 4:03 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$25.00
Lowest Price Target1
$14.00
Consensus Price Target1
$18.90

Eastern Bankshares (NASDAQ:EBC) Stock, Analyst Ratings, Price Targets, Predictions

Eastern Bankshares Inc has a consensus price target of $18.9, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Seaport Global, JP Morgan, and JP Morgan on September 12, 2023, August 2, 2023, and June 29, 2023. With an average price target of $14.33 between Seaport Global, JP Morgan, and JP Morgan, there's an implied 2.53% upside for Eastern Bankshares Inc from these 3 analyst ratings.

Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Seaport Global
JP Morgan
Janney Montgomery Scott
JP Morgan
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Eastern Bankshares

Buy NowGet Alert
09/12/2023Buy Now14.45%Seaport Global
David Bishop
→ $16Initiates → BuyGet Alert
08/02/2023Buy Now0.14%JP Morgan
Janet Lee
$13 → $14MaintainsUnderweightGet Alert
06/29/2023Buy Now-7.01%JP Morgan
Janet Lee
$11.5 → $13MaintainsUnderweightGet Alert
01/31/2023Buy Now7.3%JP Morgan
Janet Lee
$19.5 → $15DowngradeNeutral → UnderweightGet Alert
01/30/2023Buy Now21.6%Janney Montgomery Scott
Jake Civiello
→ $17DowngradeBuy → NeutralGet Alert
07/01/2022Buy Now60.94%JP Morgan
Steven Alexopoulos
$23.5 → $22.5MaintainsNeutralGet Alert
11/16/2021Buy Now78.83%Piper Sandler
Mark Fitzgibbon
Initiates → OverweightGet Alert

FAQ

Q

What is the target price for Eastern Bankshares (EBC) stock?

A

The latest price target for Eastern Bankshares (NASDAQ:EBC) was reported by Seaport Global on September 12, 2023. The analyst firm set a price target for $16.00 expecting EBC to rise to within 12 months (a possible 14.45% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Eastern Bankshares (EBC)?

A

The latest analyst rating for Eastern Bankshares (NASDAQ:EBC) was provided by Seaport Global, and Eastern Bankshares initiated their buy rating.

Q

When was the last upgrade for Eastern Bankshares (EBC)?

A

There is no last upgrade for Eastern Bankshares

Q

When was the last downgrade for Eastern Bankshares (EBC)?

A

The last downgrade for Eastern Bankshares Inc happened on January 31, 2023 when JP Morgan changed their price target from $19.5 to $15 for Eastern Bankshares Inc.

Q

When is the next analyst rating going to be posted or updated for Eastern Bankshares (EBC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Eastern Bankshares, 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 Eastern Bankshares was filed on September 12, 2023 so you should expect the next rating to be made available sometime around September 12, 2024.

Q

Is the Analyst Rating Eastern Bankshares (EBC) correct?

A

While ratings are subjective and will change, the latest Eastern Bankshares (EBC) rating was a initiated with a price target of $0.00 to $16.00. The current price Eastern Bankshares (EBC) is trading at is $13.98, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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