American Savings Bank of Hawaii (NYSE:ASBH) Raised to Hold at Keefe, Bruyette & Woods

American Savings Bank of Hawaii (NYSE:ASBH) was upgraded by Keefe, Bruyette & Woods to a “hold” rating in a research note issued on Sunday, Zacks reports.

ASBH has been the subject of a number of other research reports. Stephens initiated coverage on shares of American Savings Bank of Hawaii in a research note on Monday. They set an “overweight” rating and a $21.00 price target for the company. DA Davidson started coverage on American Savings Bank of Hawaii in a report on Sunday. They issued 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 research report on Monday. They set an “overweight” rating and a $20.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $20.00.

American Savings Bank of Hawaii Stock Performance

Shares of ASBH stock opened at $18.08 on Friday. American Savings Bank of Hawaii has a 52 week low of $16.54 and a 52 week high of $19.25.

American Savings Bank of Hawaii Company Profile

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.