News articles about Berkshire Hills Bancorp (NYSE:BHLB) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 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. Berkshire Hills Bancorp earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 45.8872830173809 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several research firms have issued reports on BHLB. Zacks Investment Research upgraded Berkshire Hills Bancorp from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Tuesday, January 9th. Piper Jaffray Companies reiterated a “buy” rating and issued a $39.50 price objective on shares of Berkshire Hills Bancorp in a research report on Sunday, October 22nd. BidaskClub upgraded Berkshire Hills Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $41.00 price objective on shares of Berkshire Hills Bancorp in a research report on Tuesday, October 3rd. Finally, Jefferies Group reiterated a “hold” rating and issued a $40.00 price objective on shares of Berkshire Hills Bancorp in a research report on Wednesday, October 11th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $41.30.
Berkshire Hills Bancorp (BHLB) opened at $39.10 on Wednesday. Berkshire Hills Bancorp has a 52-week low of $32.85 and a 52-week high of $40.00. The stock has a market capitalization of $1,770.00, a price-to-earnings ratio of 21.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.91 and a quick ratio of 0.89.
Berkshire Hills Bancorp Company Profile
Berkshire Hills Bancorp, Inc (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its market areas. Berkshire product offerings also include retail and commercial electronic banking, commercial cash management and commercial interest rate swaps.
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