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.
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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