Webster Financial Corporation with ticker code (WBS) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $54.00 and has a mean target at $61.33. Given that the stocks previous close was at $57.68 this is indicating there is a potential upside of 6.3%. The 50 day MA is $48.36 and the 200 moving average now moves to $46.62. The market capitalization for the company is 9.89B. The stock price is currently at: $57.70 USD
The potential market cap would be $10,517,324,743 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 13.05, revenue per share of $13.93 and a 1.02% return on assets.
Webster Financial Corporation is a holding company for Webster Bank, National Association and its HSA Bank division. The Webster Bank, along with its HSA Bank Division, is a commercial bank in the Northeast that delivers a range of digital and traditional financial solutions. Its segments include Commercial Banking, HSA Bank, and Consumer Banking. Commercial Banking serves businesses through its commercial real estate and equipment finance, middle market, business banking, asset-based lending and commercial services, public sector finance, mortgage warehouse, sponsor and specialty finance, verticals and support, private banking, and treasury management business units. HSA Bank segment offers a consumer-directed healthcare solution that includes health reimbursement arrangements, flexible spending accounts, and commuter benefits. The Consumer Banking segment operates a distribution network, primarily throughout southern New England and the New York Metro and Suburban markets.
