Berkshire Hills Bancorp, Inc. (BHLB)
NYSE: BHLB · IEX Real-Time Price · USD
27.34
+0.21 (0.77%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Berkshire Hills Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for BHLB stock have an average target of 22.75, with a low estimate of 16 and a high estimate of 26. The average target predicts a decrease of -16.79% from the current stock price of 27.34.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2024.
Analyst Ratings
The average analyst rating for BHLB stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | -8.56% | Jan 30, 2024 |
Seaport Global | Seaport Global | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Jan 29, 2024 |
RBC Capital | RBC Capital | Hold Reiterates $26 | Hold | Reiterates | $26 | -4.90% | Jan 26, 2024 |
Piper Sandler | Piper Sandler | Sell → Hold Upgrades $24 | Sell → Hold | Upgrades | $24 | -12.22% | Jan 10, 2024 |
RBC Capital | RBC Capital | Hold Maintains $23 → $22 | Hold | Maintains | $23 → $22 | -19.53% | Oct 23, 2023 |
Financial Forecast
Revenue This Year
368.67M
from 411.83M
Decreased by -10.48%
Revenue Next Year
388.92M
from 368.67M
Increased by 5.49%
EPS This Year
2.12
from 1.60
Increased by 32.50%
EPS Next Year
2.45
from 2.12
Increased by 15.79%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 387.6M | 412.9M |
Avg | 368.7M | 388.9M |
Low | 347.9M | 358.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -5.9% | 12.0% |
Avg | -10.5% | 5.5% |
Low | -15.5% | -2.9% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 2.28 | 2.68 |
Avg | 2.12 | 2.45 |
Low | 2.00 | 2.25 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 42.4% | 26.3% |
Avg | 32.5% | 15.8% |
Low | 25.0% | 6.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.