Webster Financial Corporation which can be found using ticker (WBS) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $62.00 and $43.00 with the average target price sitting at $52.29. Given that the stocks previous close was at $51.32 this now indicates there is a potential upside of 1.9%. Also worth taking note is the 50 day moving average now sits at $43.97 while the 200 day moving average is $40.75. The company has a market cap of 8.87B. The current share price for the company is: $51.58 USD
The potential market cap would be $9,042,388,426 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 9.82, revenue per share of $14.86 and a 1.3% 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.
