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Research analysts at DA Davidson hoisted their price objective on shares of Wintrust Financial Corp (NASDAQ:WTFC) in a report released on Thursday, AR Network reports.

The analysts wrote, “WTFC shares trade at 13.8x forward estimates and 1.5x of TBV vs. the peer group median of 14.4x and 1.78x, respectively. Given the outlook for a near double-digit loan and EPS growth, an asset sensitive balance sheet and potential return on our $53 price target, we are raising our rating on WTFC shares to BUY from Neutral.”

Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Wintrust Financial Corp from an “outperform” rating to a “neutral” rating in a research note on Friday, April 11th. They now have a $53.30 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Wintrust Financial Corp from $52.75 to $56.00 in a research note on Tuesday, April 8th. They now have a “buy” rating on the stock. Finally, analysts at SunTrust initiated coverage on shares of Wintrust Financial Corp in a research note on Monday, March 31st. They set a “neutral” rating and a $51.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Wintrust Financial Corp currently has an average rating of “Hold” and a consensus price target of $49.61.

Wintrust Financial Corp (NASDAQ:WTFC) traded up 1.43% during mid-day trading on Thursday, hitting $46.76. 336,809 shares of the company’s stock traded hands. Wintrust Financial Corp has a one year low of $34.63 and a one year high of $49.99. The stock’s 50-day moving average is $47.46 and its 200-day moving average is $45.26. The company has a market cap of $2.161 billion and a price-to-earnings ratio of 16.79.

Wintrust Financial Corp (NASDAQ:WTFC) last posted its quarterly earnings results on Tuesday, April 15th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.01. The company had revenue of $189.50 million for the quarter, compared to the consensus estimate of $190.26 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. Analysts expect that Wintrust Financial Corp will post $2.88 EPS 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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