Bar Harbor Bankshares (NYSE:BHB) Lowered to Hold at StockNews.com

Bar Harbor Bankshares (NYSE:BHBGet Rating) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Friday.

Bar Harbor Bankshares Stock Down 0.6 %

Shares of BHB stock opened at $30.24 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $455.72 million, a P/E ratio of 11.16 and a beta of 0.87. Bar Harbor Bankshares has a 52 week low of $24.00 and a 52 week high of $31.95.

Bar Harbor Bankshares Company Profile

(Get Rating)

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides commercial, lending, retail, and wealth management banking services. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit.

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