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Eastern Bankshares

EBCNASDAQ
Logo brought to you by Benzinga Data
$18.53
0.160.87%
At close: -
$18.53
00.00%
After Hours: 4:00 PM EDT
The dividend Ex-Date is in 12 days
Consensus Rating1
Neutral
Highest Price Target1
$22.50
Lowest Price Target1
$16.00
Consensus Price Target1
$18.60

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

Eastern Bankshares Inc has a consensus price target of $18.6 based on the ratings of 5 analysts. The high is $22.5 issued by JP Morgan on July 1, 2022. The low is $16 issued by Seaport Global on September 12, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Keefe, Bruyette & Woods, and Seaport Global on August 6, 2024, July 29, 2024, and September 12, 2023, respectively. With an average price target of $17.83 between JP Morgan, Keefe, Bruyette & Woods, and Seaport Global, there's an implied -3.76% downside for Eastern Bankshares Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Keefe, Bruyette & Woods
Seaport Global
Janney Montgomery Scott
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Eastern Bankshares

Data brought to you by Benzinga APIs

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 JP Morgan on August 6, 2024. The analyst firm set a price target for $18.50 expecting EBC to fall to within 12 months (a possible -0.16% downside). 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 JP Morgan, and Eastern Bankshares upgraded their neutral rating.

Q

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

A

The last upgrade for Eastern Bankshares Inc happened on August 6, 2024 when JP Morgan raised their price target to $18.5. JP Morgan previously had an underweight for Eastern Bankshares Inc.

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 August 6, 2024 so you should expect the next rating to be made available sometime around August 6, 2025.

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 upgraded with a price target of $14.00 to $18.50. The current price Eastern Bankshares (EBC) is trading at is $18.53, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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