RBC Capital analyst Steven Duong maintained a Hold rating on Berkshire Hills (NYSE:BHLB) Bancorp on Tuesday, setting a price target of $32, which is approximately 12.83% above the present share price of $28.36.
Duong expects Berkshire Hills Bancorp to post earnings per share (EPS) of $1.32 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Berkshire Hills, with an average price target of $29.
The analysts price targets range from a high of $32 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $93.12 million and a net profit of $0. The company's market cap is $1.38 billion.
According to TipRanks.com, RBC Capital analyst Steven Duong is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 34.9% and a 81.48% success rate.
Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The firm offers a wide range of deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. It aims to expand and deepen market share and wallet share through organic growth and acquisition strategies. The company was founded in June 2000 and is headquartered in Pittsfield, MA.