Wintrust Financial Corp. Given New $45.00 Price Target at DA Davidson (WTFC)
DA Davidson increased their price target on shares of Wintrust Financial Corp. (NASDAQ:WTFC) from $44.00 to $45.00 in a research note issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s price target would indicate a potential upside of 4.09% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Wintrust Financial Corp. from $42.00 to $45.00 in a research note to investors on Friday, July 19th. They now have an “outperform” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of Wintrust Financial Corp. from $41.00 to $47.00 in a research note to investors on Friday, July 19th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Wintrust Financial Corp. from $36.00 to $39.00 in a research note to investors on Thursday, July 18th. They now have a “market perform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $44.00.
Wintrust Financial Corp. (NASDAQ:WTFC) traded up 2.34% on Wednesday, hitting $43.23. 496,853 shares of the company’s stock traded hands. Wintrust Financial Corp. has a one year low of $34.40 and a one year high of $42.52. The stock has a 50-day moving average of $40.71 and a 200-day moving average of $38.92. The company has a market cap of $1.717 billion and a price-to-earnings ratio of 16.21.
Wintrust Financial Corp. (NASDAQ:WTFC) last issued its quarterly earnings data on Monday, October 14th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.07. The company had revenue of $196.40 million for the quarter, compared to the consensus estimate of $195.50 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. On average, analysts predict that Wintrust Financial Corp. will post $2.65 earnings per share for the current fiscal year.
Wintrust Financial Corporation is a financial holding company. It provides personal and commercial banking services to customers located in the Chicago and in southeastern Wisconsin through its 15 wholly owned banking subsidiaries, as well as origination and purchase of residential mortgages for sale into the secondary market through Wintrust Mortgage, a division of Barrington Bank and Trust Company, N.
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