American Savings Bank of Hawaii (NYSE:ASBH – Get Free Report) had its price target increased by research analysts at Stephens from $21.00 to $22.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Stephens‘s price objective suggests a potential upside of 11.20% from the company’s current price.
Other analysts have also issued reports about the stock. Piper Sandler boosted their target price on shares of American Savings Bank of Hawaii from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Monday. Zacks Research upgraded shares of American Savings Bank of Hawaii to a “hold” rating in a research report on Tuesday, October 13th. DA Davidson initiated coverage on shares of American Savings Bank of Hawaii in a research note on Sunday, October 11th. They set a “buy” rating and a $20.00 price target on the stock. Keefe, Bruyette & Woods initiated coverage on shares of American Savings Bank of Hawaii in a research report on Monday, October 12th. They set a “market perform” rating and a $19.00 price objective for the company. Finally, Wall Street Zen upgraded American Savings Bank of Hawaii to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $20.50.
Get Our Latest Stock Report on ASBH
American Savings Bank of Hawaii Price Performance
NYSE:ASBH traded up $0.41 on Wednesday, hitting $19.79. The stock had a trading volume of 62,155 shares, compared to its average volume of 179,130. American Savings Bank of Hawaii has a 52-week low of $16.54 and a 52-week high of $20.05.
American Savings Bank of Hawaii (NYSE:ASBH – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. The business had revenue of $97.74 million for the quarter, compared to analysts’ expectations of $97.10 million. Equities analysts anticipate that American Savings Bank of Hawaii will post 1.77 earnings per share for the current year.
About American Savings Bank of Hawaii
American Savings Bank of Hawaii was a Hawaii-based savings institution that provided banking and financial services to individuals, families and businesses. Its principal activities included accepting deposits, making residential and commercial loans, providing mortgage financing, and offering consumer banking products.
The bank served customers across the Hawaiian Islands through branch locations and other banking channels. Its products and services were focused on personal and business checking and savings accounts, home lending, consumer credit and commercial banking relationships.
American Savings Bank was historically associated with Hawaiian Electric Industries, Inc, which owned the institution for a period of its corporate history.
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