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NASDAQ: EBC
Eastern Bankshares Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for EBC

Based on 2 analysts offering 12 month price targets for Eastern Bankshares Inc.
Min Forecast
$14.00+12.54%
Avg Forecast
$15.00+20.58%
Max Forecast
$16.00+28.62%

Should I buy or sell EBC stock?

Based on 2 analysts offering ratings for Eastern Bankshares Inc.
Sell
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 50%

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EBC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Seaport Global
Top 7%
94
BuyInitiates Coverage On$16.00+28.62%2023-09-12
JP Morgan
Top 39%
62
Strong SellMaintains$14.00+12.54%2023-08-02

1 of 1

Forecast return on equity

Is EBC forecast to generate an efficient return?
Company
11.8%
Industry
280.38%
Market
48.98%
EBC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is EBC forecast to generate an efficient return on assets?
Company
1.38%
Industry
23.03%
EBC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

EBC revenue growth forecast

How is EBC forecast to perform vs Banks - Regional companies and vs the US market?
Company
101.59%
Industry
13.6%
Market
11.91%
EBC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EBC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EBC vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
EBC$12.44$15.00+20.58%Sell
WSFS$35.75$48.00+34.27%Buy
CBU$40.66$55.67+36.91%Hold
INDB$48.19$56.50+17.24%Sell
CVBF$16.26$18.50+13.78%Hold
View Top Bank Stocks

Eastern Bankshares Stock Forecast FAQ

Is Eastern Bankshares Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: EBC) stock is to Sell EBC stock.

Out of 2 analysts, 0 (0%) are recommending EBC as a Strong Buy, 1 (50%) are recommending EBC as a Buy, 0 (0%) are recommending EBC as a Hold, 0 (0%) are recommending EBC as a Sell, and 1 (50%) are recommending EBC as a Strong Sell.

If you're new to stock investing, here's how to buy Eastern Bankshares stock.

What is EBC's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: EBC) forecast ROE is 11.8%, which is considered weak.

What is EBC's Price Target?

According to 2 Wall Street analysts that have issued a 1 year EBC price target, the average EBC price target is $15.00, with the highest EBC stock price forecast at $16.00 and the lowest EBC stock price forecast at $14.00.

On average, Wall Street analysts predict that Eastern Bankshares's share price could reach $15.00 by Sep 12, 2024. The average Eastern Bankshares stock price prediction forecasts a potential upside of 20.58% from the current EBC share price of $12.44.

What is EBC's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: EBC) forecast ROA is 1.38%, which is lower than the forecast US Banks - Regional industry average of 23.03%.
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