FIG Partners Gives ‘Market Perform’ Rating On Boston Private Financial Holding, Inc

FIG Partners has released a research report on banking company Boston Private Financial Holding, Inc (NASDAQ: BPFH) and has maintained a ‘Market Perform’ rating on the stock. BPFH is currently trading at the levels of $6.76.

Analysts at FIG Partners believe that the company is not expected to perform much in the coming quarters as it was not able to show the required performance in Q2 despite having normalized conditions. Analysts expects it to report EPS of $0.05 in Q310 and slightly better in Q410.

This is due to credit retreat with new inflow from better performance in equity markets. Still, though, there is no near term catalyst to drive shares of the company.