Webster Financial Corp. (WBS) Set to Announce Quarterly Earnings on Friday
Webster Financial Corp. (NYSE:WBS) will be issuing its quarterly earnings data on Friday, January 17th. Investors interested in listening to the company’s conference call can do so using this link.
Webster Financial Corp. (NYSE:WBS) opened at 30.72 on Thursday. Webster Financial Corp. has a 52 week low of $21.61 and a 52 week high of $31.32. The stock’s 50-day moving average is $29.98 and its 200-day moving average is $27.74. The company has a market cap of $2.775 billion and a price-to-earnings ratio of 15.78.
A number of analysts have recently weighed in on WBS shares. Analysts at Deutsche Bank raised their price target on shares of Webster Financial Corp. from $31.00 to $34.00 in a research note to investors on Wednesday, January 8th. They now have a “buy” rating on the stock. On the ratings front, analysts at Barclays raised their price target on shares of Webster Financial Corp. from $29.00 to $34.00 in a research note to investors on Monday, January 6th. They now have an “overweight” rating on the stock. Finally, analysts at Sterne Agee downgraded shares of Webster Financial Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, October 29th. They now have a $28.00 price target on the stock. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Webster Financial Corp. presently has a consensus rating of “Buy” and a consensus price target of $29.93.
Webster Financial Corporation (NYSE:WBS) is a bank holding company and financial holding company.
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