Berkshire Hills Bancorp, Inc. (BHLB)
NYSE: BHLB · IEX Real-Time Price · USD
22.92
+0.13 (0.57%)
Mar 28, 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 -0.74% from the current stock price of 22.92.

Analyst Consensus: Hold
Target Low Average Median High
Price $16 $22.75 $25 $26
Change -30.19% -0.74% +9.08% +13.44%
* 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 222444
Sell 000000
Strong Sell 111111
Total 333555

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 +9.08% Jan 30, 2024
Seaport Global
Seaport Global
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Jan 29, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$26
Hold Reiterates $26 +13.44% Jan 26, 2024
Piper Sandler
Piper Sandler
Hold
Upgrades
$24
Hold Upgrades $24 +4.71% Jan 10, 2024
RBC Capital
RBC Capital
Hold
Maintains
$23$22
Hold Maintains $23$22 -4.01% Oct 23, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
372.73M
from 411.83M
Decreased by -9.49%
Revenue Next Year
402.04M
from 372.73M
Increased by 7.86%
EPS This Year
2.13
from 1.60
Increased by 33.05%
EPS Next Year
2.53
from 2.13
Increased by 18.65%
Year 2019202020212022202320242025
Revenue
449.26M383.09M434.41M413.53M411.83M372.73M402.04M
Revenue Growth
4.35%-14.73%13.40%-4.81%-0.41%-9.49%7.86%
EPS
1.97-10.602.392.021.602.132.53
EPS Growth
-13.97%---15.48%-20.79%33.05%18.65%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 391.6M 424.6M
Avg 372.7M 402.0M
Low 354.2M 377.5M

Revenue Growth

Revenue Growth 20242025
High
-4.9%
13.9%
Avg
-9.5%
7.9%
Low
-14.0%
1.3%

EPS Forecast

EPS 20242025
High 2.26 2.68
Avg 2.13 2.53
Low 1.96 2.27

EPS Growth

EPS Growth 20242025
High
41.1%
25.8%
Avg
33.0%
18.6%
Low
22.6%
6.8%
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.