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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 3 | 3 | 3 | 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 | +9.08% | 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 | +13.44% | Jan 26, 2024 |
Piper Sandler | Piper Sandler | Sell → Hold Upgrades $24 | Sell → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 391.6M | 424.6M |
Avg | 372.7M | 402.0M |
Low | 354.2M | 377.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -4.9% | 13.9% |
Avg | -9.5% | 7.9% |
Low | -14.0% | 1.3% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 2.26 | 2.68 |
Avg | 2.13 | 2.53 |
Low | 1.96 | 2.27 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.