NASDAQ:EBC - Eastern Bankshares Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.00
  • Forecasted Upside: -23.63 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$20.95
▲ +0.74 (3.66%)

This chart shows the closing price for EBC by one month, three months, or twelve months.

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Analyst Price Target for EBC

Analyst Price Target is $16.00
▼ -23.63% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Eastern Bankshares in the last 3 months. The average price target is $16.00, with a high forecast of $19.00 and a low forecast of $14.00. The average price target represents a -23.63% upside from the last price of $20.95.

This chart shows the closing price for EBC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 contributing investment analysts is to buy stock in Eastern Bankshares.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/22/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/20/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/18/2021Seaport Global SecuritiesInitiated CoverageBuy$19.00Low
11/10/2020JPMorgan Chase & Co.Initiated CoverageNeutral$14.00Low
11/9/2020Keefe, Bruyette & WoodsInitiated CoverageOutperform$15.00High
10/15/2020Janney Montgomery ScottInitiated CoverageBuyLow
10/8/2020Compass PointInitiated CoverageBuy$15.00Low
(Data available from 10/20/2016 forward)

News Sentiment Rating

0.40 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/24/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/23/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/23/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/22/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/22/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/21/2021
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/20/2021
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/20/2021

Current Sentiment

  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
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: $20.95
Low: $20.08
High: $20.97

50 Day Range

MA: $19.69
Low: $18.28
High: $21.38

52 Week Range

Now: $20.95
Low: $11.80
High: $23.03

Volume

640,595 shs

Average Volume

823,559 shs

Market Capitalization

$3.91 billion

P/E Ratio

35.51

Dividend Yield

1.58%

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: 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?

3 Wall Street analysts have set twelve-month price targets for Eastern Bankshares in the last year. Their average twelve-month price target is $16.00, suggesting a possible downside of 20.8%. 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 2 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.

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.