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

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

A number of other research firms also recently weighed in on ASBH. Stephens began coverage on American Savings Bank of Hawaii in a report on Monday. They set an “overweight” rating and a $21.00 price objective on the stock. Piper Sandler assumed coverage on American Savings Bank of Hawaii in a report on Monday. They issued an “overweight” rating and a $20.00 target price for the company. Finally, DA Davidson assumed 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. 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 company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $20.00.

American Savings Bank of Hawaii Trading Up 0.9%

NYSE:ASBH opened at $18.23 on Friday. American Savings Bank of Hawaii has a 12-month low of $16.54 and a 12-month 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.