Bank Of Hawaii Corp Receives a Rating Update from a Top Analyst

By Ryan Adsit

Jefferies analyst Ken Usdin reiterated a Hold rating on Bank Of Hawaii Corp (NYSE: BOH) yesterday and set a price target of $85. The company’s shares closed yesterday at $78.69.

According to TipRanks.com, Usdin is a top 100 analyst with an average return of 16.4% and a 69.5% success rate. Usdin covers the Financial sector, focusing on stocks such as Government Properties Income Trust, Old National Bancorp Capital, and Discover Financial Services.

Bank Of Hawaii Corp has an analyst consensus of Hold, with a price target consensus of $88.

Based on Bank Of Hawaii Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $166 million and quarterly net profit of $44.66 million. In comparison, last year the company earned revenue of $157 million and had a net profit of $44.25 million.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock.

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Bank of Hawaii Corp. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking; Commercial Banking; Investment Services; and Treasury and Other.