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Eastern Bankshares - EBC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $15.25
  • Forecasted Upside: 16.15%
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$13.13 As of 04/24/2024 01:00 AM ET
▲ +0.05 (0.38%)

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 $15.25
▲ +16.15% Upside 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 $15.25, with a high forecast of $16.50 and a low forecast of $14.00. The average price target represents a 16.15% upside from the last price of $13.13.

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 Hold

The current consensus among 3 polled investment analysts is to hold stock in Eastern Bankshares. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/26/2024Keefe, Bruyette & WoodsReiterated RatingOutperformLow
9/20/2023Piper SandlerBoost Target$15.00 ➝ $16.50Low
9/12/2023Seaport Res PtnReiterated RatingBuyLow
8/2/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$13.00 ➝ $14.00N/A
6/29/2023JPMorgan Chase & Co.Boost Target$11.50 ➝ $13.00Low
4/6/2023JPMorgan Chase & Co.Lower Target$15.00 ➝ $12.50Low
1/31/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$19.50 ➝ $15.00Low
1/30/2023Janney Montgomery ScottDowngradeBuy ➝ Neutral$17.00Low
11/1/2022Compass PointLower Target$22.00Low
8/9/2022Compass PointBoost Target$28.00N/A
7/1/2022JPMorgan Chase & Co.Lower TargetNeutral$23.50 ➝ $22.50Low
5/16/2022Piper SandlerLower TargetNA$23.00N/A
3/10/2022Seaport Res PtnReiterated RatingBuyMedium
11/16/2021Piper SandlerInitiated CoverageOverweight$25.00Medium
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 4/25/2019 forward)

News Sentiment Rating

0.47 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 10 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 10 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/25/2024
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Eastern Bankshares logo
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, commercial real estate and construction, small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $13.13
Low: $12.90
High: $13.15

50 Day Range

MA: $13.14
Low: $12.24
High: $14.00

52 Week Range

Now: $13.13
Low: $9.93
High: $15.07

Volume

750,898 shs

Average Volume

954,235 shs

Market Capitalization

$2.32 billion

P/E Ratio

9.31

Dividend Yield

3.40%

Beta

0.85

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, Piper Sandler, Seaport Res Ptn, and TheStreet.
View the latest analyst ratings for EBC.

What is the current price target for Eastern Bankshares?

2 Wall Street analysts have set twelve-month price targets for Eastern Bankshares in the last year. Their average twelve-month price target is $15.25, suggesting a possible upside of 16.1%. Piper Sandler has the highest price target set, predicting EBC will reach $16.50 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 sell rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in EBC, but not buy more shares or sell existing shares.
View the latest ratings for EBC.

What other companies compete with Eastern Bankshares?

Other companies that are similar to Eastern Bankshares include BankUnited, Flagstar Bancorp, Columbia Financial, Axos Financial and Provident Financial Services. Learn More about companies similar to 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. Learn More about contacing Eastern Bankshares investor relations.