American Savings Bank of Hawaii (NYSE:ASBH) Stock Moved Up to Hold by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of American Savings Bank of Hawaii (NYSE:ASBH) to a hold rating in a report published on Sunday,Zacks reports.

Other research analysts have also issued reports about the company. Stephens initiated coverage on American Savings Bank of Hawaii in a research report on Monday. They issued an “overweight” rating and a $21.00 price objective on the stock. DA Davidson began coverage on American Savings Bank of Hawaii in a research report on Sunday. They set a “buy” rating and a $20.00 target price for the company. Finally, Piper Sandler initiated coverage on American Savings Bank of Hawaii in a report on Monday. They set an “overweight” rating and a $20.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $20.00.

American Savings Bank of Hawaii Stock Performance

ASBH stock opened at $18.08 on Friday. American Savings Bank of Hawaii has a fifty-two week low of $16.54 and a fifty-two week high of $19.25.

About American Savings Bank of Hawaii

American Savings Bank of Hawaii, historically traded on the New York Stock Exchange under the symbol ASBH, was a Hawaii-based savings bank serving individuals, families, businesses and government-related organizations. The bank operated as American Savings Bank, F.S.B., and became a subsidiary of Hawaiian Electric Industries, Inc through a transaction completed in the late 1990s.

The bank’s principal activities included consumer and commercial deposit accounts, residential and commercial real estate lending, home equity financing, business loans and mortgage banking.