Western New England Bancorp (WNEB) Receives New Coverage from Analysts at Sandler O’Neill
Stock analysts at Sandler O’Neill initiated coverage on shares of Western New England Bancorp (NASDAQ:WNEB) in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the financial services provider’s stock.
WNEB has been the topic of a number of other reports. Piper Jaffray Companies lowered shares of Western New England Bancorp from an “overweight” rating to a “neutral” rating and set a $10.50 price target on the stock. in a research report on Friday, November 3rd. Zacks Investment Research downgraded shares of Western New England Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $11.00 target price on shares of Western New England Bancorp in a research note on Tuesday, October 3rd. Finally, Compass Point downgraded shares of Western New England Bancorp from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 18th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Western New England Bancorp presently has an average rating of “Hold” and an average price target of $11.25.
Western New England Bancorp (NASDAQ WNEB) opened at $10.70 on Tuesday. The firm has a market cap of $326.25, a PE ratio of 21.30 and a beta of 0.39. Western New England Bancorp has a 52-week low of $8.35 and a 52-week high of $11.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 0.96.
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Western New England Bancorp Company Profile
Western New England Bancorp, Inc, formerly Westfield Financial, Inc, is a Massachusetts-chartered stock holding company. The Company serves as a holding company for Westfield Bank (the Bank). It is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products.
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