American Savings Bank of Hawaii (NYSE:ASBH) Stock Price Target Raised at Piper Sandler

American Savings Bank of Hawaii (NYSE:ASBH) had its price target boosted by analysts at Piper Sandler from $20.00 to $21.00 in a research report issued on Monday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler‘s price target suggests a potential upside of 6.28% from the company’s current price.

A number of other research firms have also issued reports on ASBH. Keefe, Bruyette & Woods began coverage on shares of American Savings Bank of Hawaii in a report on Monday, October 12th. They issued a “market perform” rating and a $19.00 target price on the stock. Stephens assumed coverage on shares of American Savings Bank of Hawaii in a report on Monday, October 12th. They set an “overweight” rating and a $21.00 price target for the company. Wall Street Zen raised shares of American Savings Bank of Hawaii to a “hold” rating in a research report on Saturday. Zacks Research raised shares of American Savings Bank of Hawaii to a “hold” rating in a research note on Tuesday, October 13th. Finally, DA Davidson began coverage on shares of American Savings Bank of Hawaii in a research report on Sunday, October 11th. They set a “buy” rating and a $20.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Savings Bank of Hawaii presently has an average rating of “Moderate Buy” and an average target price of $20.25.

American Savings Bank of Hawaii Stock Performance

Shares of NYSE:ASBH traded up $1.31 on Monday, hitting $19.76. The company had a trading volume of 59,774 shares, compared to its average volume of 168,344. American Savings Bank of Hawaii has a 52-week low of $16.54 and a 52-week high of $19.98.

American Savings Bank of Hawaii (NYSE:ASBH) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $97.74 million for the quarter, compared to analyst estimates of $97.10 million. On average, equities research analysts anticipate that American Savings Bank of Hawaii will post 1.75 EPS for the current fiscal year.

About American Savings Bank of Hawaii

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.