American Savings Bank of Hawaii (NYSE:ASBH – Get Free Report) was upgraded by equities researchers at Piper Sandler to a “strong-buy” rating in a research report issued to clients and investors on Sunday, Zacks reports.
Several other equities analysts also recently commented on the stock. Stephens assumed coverage on shares of American Savings Bank of Hawaii in a research note on Monday. They issued an “overweight” rating and a $21.00 price objective for the company. Keefe, Bruyette & Woods initiated coverage on shares of American Savings Bank of Hawaii in a research report on Monday. They issued a “market perform” rating and a $19.00 target price on the stock. Finally, DA Davidson assumed coverage on shares of American Savings Bank of Hawaii in a research note on Sunday. They set a “buy” rating and a $20.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $20.00.
Check Out Our Latest Analysis on ASBH
American Savings Bank of Hawaii Stock Performance
About American Savings Bank of Hawaii
American Savings Bank of Hawaii, historically traded on the New York Stock Exchange under the symbol ASBH, was a Hawaii-based savings bank serving individuals, families, businesses and government-related organizations. The bank operated as American Savings Bank, F.S.B., and became a subsidiary of Hawaiian Electric Industries, Inc through a transaction completed in the late 1990s.
The bank’s principal activities included consumer and commercial deposit accounts, residential and commercial real estate lending, home equity financing, business loans and mortgage banking.
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