Washington Trust Bancorp PT Raised to $34.00 at Keefe, Bruyette & Woods (WASH)
Equities researchers at Keefe, Bruyette & Woods lifted their target price on shares of Washington Trust Bancorp (NASDAQ:WASH) from $31.00 to $34.00 in a research report issued on Wednesday, Analyst RN reports. Keefe, Bruyette & Woods’ price target would suggest a potential downside of 1.65% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sandler O’Neill downgraded shares of Washington Trust Bancorp from a “buy” rating to a “hold” rating in a research note to investors on Tuesday. Analysts at Guggenheim initiated coverage on shares of Washington Trust Bancorp in a research note to investors on Tuesday, August 20th. They set a “buy” rating and a $38.00 price target on the stock.
Washington Trust Bancorp (NASDAQ:WASH) traded down 0.09% on Wednesday, hitting $34.57. The stock had a trading volume of 44,957 shares. Washington Trust Bancorp has a one year low of $23.50 and a one year high of $33.09. The stock’s 50-day moving average is $31.59 and its 200-day moving average is $28.88. The company has a market cap of $572.6 million and a P/E ratio of 16.63.
Washington Trust Bancorp (NASDAQ:WASH) last issued its quarterly earnings data on Monday, October 21st. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.02. On average, analysts predict that Washington Trust Bancorp will post $2.14 earnings per share for the current fiscal year.
Washington Trust Bancorp, Inc (NASDAQ:WASH) is a bank holding company and financial holding company.
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