Boston Private Financial Reaches New 52-Week High (BPFH)

NEW YORK ( TheStreet) -- Boston Private Financial Holdings (Nasdaq: BPFH) hit a new 52-week high Wednesday as it is currently trading at $8.68, above its previous 52-week high of $8.61 with 817,411 shares traded as of 4 p.m. ET. Average volume has been 566,000 shares over the past 30 days.

Boston Private Financial has a market cap of $645.1 million and is part of the financial sector and banking industry. Shares are up 3.7% year to date as of the close of trading on Tuesday.

Boston Private Financial Holdings, Inc. operates as the multi-bank holding company in the United States. The company has a P/E ratio of 20.6, below the average banking industry P/E ratio of 51.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Boston Private Financial as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins, solid stock price performance and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Boston Private Financial Ratings Report.

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