American Savings Bank of Hawaii (NYSE:ASBH) Stock Rating Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of American Savings Bank of Hawaii (NYSE:ASBH – Free Report) to a hold rating in a research note published on Tuesday morning,Zacks reports.

A number of other research firms have also commented on ASBH. Keefe, Bruyette & Woods initiated coverage on shares of American Savings Bank of Hawaii in a report on Monday. They set a “market perform” rating and a $19.00 target price for the company. Piper Sandler began coverage on American Savings Bank of Hawaii in a research note on Monday. They issued an “overweight” rating and a $20.00 price target on the stock. Stephens began coverage on American Savings Bank of Hawaii in a research note on Monday. They issued an “overweight” rating and a $21.00 price target on the stock. Finally, DA Davidson started coverage on American Savings Bank of Hawaii in a research report on Sunday. They issued a “buy” rating and a $20.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $20.00.

Check Out Our Latest Research Report on ASBH

American Savings Bank of Hawaii Trading Up 0.2%

Shares of NYSE:ASBH opened at $18.18 on Tuesday. American Savings Bank of Hawaii has a 1-year low of $16.54 and a 1-year high of $19.25.

American Savings Bank of Hawaii Company Profile

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American Savings Bank of Hawaii was a Hawaii-based financial institution that provided retail and commercial banking services to individuals, families, businesses and organizations. Its offerings included deposit accounts, residential and commercial lending, consumer loans, business financing and related banking services.

The bank operated through a statewide network of branches and served customers throughout the Hawaiian Islands. It also provided mortgage banking and other financial services associated with homeownership and personal banking.

American Savings Bank of Hawaii was established in 1925 and became one of Hawaii’s longstanding banking institutions.

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