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NASDAQ:EBC - Eastern Bankshares Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $15.75
  • Forecasted Upside: -28.38 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$21.99
▲ +0.25 (1.15%)
1 month | 3 months | 12 months
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Analyst Price Target for EBC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$15.75
▼ -28.38% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Eastern Bankshares in the last 3 months. The average price target is $15.75, with a high forecast of $19.00 and a low forecast of $14.00. The average price target represents a -28.38% upside from the last price of $21.99.

Buy

The current consensus among 5 polled investment analysts is to buy stock in Eastern Bankshares.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/21/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/19/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/25/2021Seaport Global SecuritiesInitiated CoverageBuy$19.00Medium
i
Rating by D. Bishop at Seaport Global Securities
2/18/2021Seaport Global SecuritiesInitiated CoverageBuy$19.00Low
i
Rating by D. Bishop at Seaport Global Securities
11/10/2020JPMorgan Chase & Co.Initiated CoverageNeutral$14.00Low
i
11/9/2020Keefe, Bruyette & WoodsInitiated CoverageOutperform$15.00High
i
10/15/2020Janney Montgomery ScottInitiated CoverageBuyLow
i
10/8/2020Compass PointInitiated CoverageBuy$15.00Low
i
(Data available from 5/18/2016 forward)
Eastern Bankshares logo
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $21.99
$21.80
$22.13

50 Day Range

MA: $20.57
$19.13
$22.20

52 Week Range

Now: $21.99
$11.74
$22.54

Volume

16,386 shs

Average Volume

964,241 shs

Market Capitalization

$4.11 billion

P/E Ratio

N/A

Dividend Yield

1.11%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Eastern Bankshares?

The following sell-side analysts have issued research reports on Eastern Bankshares in the last year: Compass Point, Janney Montgomery Scott, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Seaport Global Securities, and Zacks Investment Research.
View the latest analyst ratings for EBC.

What is the current price target for Eastern Bankshares?

4 Wall Street analysts have set twelve-month price targets for Eastern Bankshares in the last year. Their average twelve-month price target is $15.75, suggesting a possible downside of 28.4%. Seaport Global Securities has the highest price target set, predicting EBC will reach $19.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $14.00 for Eastern Bankshares in the next year.
View the latest price targets for EBC.

What is the current consensus analyst rating for Eastern Bankshares?

Eastern Bankshares currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe EBC will outperform the market and that investors should add to their positions of Eastern Bankshares.
View the latest ratings for EBC.

What other companies compete with Eastern Bankshares?

How do I contact Eastern Bankshares' investor relations team?

The company's listed phone number is 800-327-8376 and its investor relations email address is [email protected] The official website for Eastern Bankshares is www.easternbank.com.