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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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09/12/2023 | Buy Now | 14.45% | Seaport Global | David Bishop | → $16 | Initiates | → Buy | Get Alert |
08/02/2023 | Buy Now | 0.14% | JP Morgan | Janet Lee | $13 → $14 | Maintains | Underweight | Get Alert |
06/29/2023 | Buy Now | -7.01% | JP Morgan | Janet Lee | $11.5 → $13 | Maintains | Underweight | Get Alert |
01/31/2023 | Buy Now | 7.3% | JP Morgan | Janet Lee | $19.5 → $15 | Downgrade | Neutral → Underweight | Get Alert |
01/30/2023 | Buy Now | 21.6% | Janney Montgomery Scott | Jake Civiello | → $17 | Downgrade | Buy → Neutral | Get Alert |
07/01/2022 | Buy Now | 60.94% | JP Morgan | Steven Alexopoulos | $23.5 → $22.5 | Maintains | Neutral | Get Alert |
11/16/2021 | Buy Now | 78.83% | Piper Sandler | Mark Fitzgibbon | — | Initiates | → Overweight | Get Alert |
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.
The latest analyst rating for Eastern Bankshares (NASDAQ:EBC) was provided by Seaport Global, and Eastern Bankshares initiated their buy rating.
There is no last upgrade for Eastern Bankshares
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.
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.
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.
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