Boston Private Financial Holdings (BPFH) Getting Somewhat Favorable Press Coverage, Report Shows
News coverage about Boston Private Financial Holdings (NASDAQ:BPFH) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boston Private Financial Holdings earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.0088634976708 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Boston Private Financial Holdings (NASDAQ BPFH) traded up 1.52% during midday trading on Thursday, reaching $16.65. The company’s stock had a trading volume of 226,642 shares. Boston Private Financial Holdings has a 12-month low of $12.45 and a 12-month high of $17.88. The company has a market cap of $1.40 billion, a P/E ratio of 19.61 and a beta of 1.09. The firm has a 50 day moving average price of $15.14 and a 200-day moving average price of $15.39.
Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings data on Wednesday, July 26th. The bank reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.05. The firm had revenue of $94.37 million during the quarter, compared to analysts’ expectations of $95.70 million. Boston Private Financial Holdings had a return on equity of 10.16% and a net margin of 18.86%. On average, equities research analysts predict that Boston Private Financial Holdings will post $0.90 earnings per share for the current fiscal year.
BPFH has been the topic of several recent research reports. Zacks Investment Research raised Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Tuesday, July 4th. ValuEngine raised Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. BidaskClub raised Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Jefferies Group LLC reissued a “hold” rating and issued a $17.00 target price on shares of Boston Private Financial Holdings in a report on Friday, August 11th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $15.00 target price on shares of Boston Private Financial Holdings in a report on Thursday. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $15.40.
Boston Private Financial Holdings Company Profile
Boston Private Financial Holdings, Inc is the bank holding company of Boston Private Bank & Trust Company. The Company offers private banking and wealth management services to high net worth individuals, families, businesses and select institutions. Its segments include Private Banking, Wealth Management and Trust, Investment Management and Wealth Advisory.
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