American Savings Bank of Hawaii (NYSE:ASBH – Free Report) had its target price hoisted by Piper Sandler from $20.00 to $21.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has an overweight rating on the stock.
Several other equities research analysts have also recently weighed in on the company. DA Davidson began coverage on American Savings Bank of Hawaii in a research note on Sunday, October 11th. They set a “buy” rating and a $20.00 target price for the company. Stephens started coverage on American Savings Bank of Hawaii in a report on Monday, October 12th. They issued an “overweight” rating and a $21.00 price target for the company. Keefe, Bruyette & Woods initiated coverage on shares of American Savings Bank of Hawaii in a research note on Monday, October 12th. They issued a “market perform” rating and a $19.00 price target on the stock. Wall Street Zen raised shares of American Savings Bank of Hawaii to a “hold” rating in a report on Saturday, October 31st. Finally, Zacks Research raised shares of American Savings Bank of Hawaii to a “hold” rating in a report on Tuesday, October 13th. One 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $20.50.
Check Out Our Latest Stock Report on ASBH
American Savings Bank of Hawaii Stock Up 3.2%
American Savings Bank of Hawaii stock opened at $20.00 on Monday. American Savings Bank of Hawaii has a 1-year low of $16.54 and a 1-year high of $20.05.
American Savings Bank of Hawaii (NYSE:ASBH – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $97.74 million for the quarter, compared to analyst estimates of $97.10 million. Sell-side analysts predict that American Savings Bank of Hawaii will post 1.77 earnings per share for the current year.
American Savings Bank of Hawaii Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, November 20th. Investors of record on Monday, November 9th will be given a $0.27 dividend. The ex-dividend date is Monday, November 9th.
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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