Webster Financial Corporation with ticker code (WBS) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $70.00 and $58.00 with the average share target price sitting at $62.62. (at the time of writing). Given that the stocks previous close was at $60.49 this indicates there is a potential upside of 3.5%. The 50 day MA is $51.40 and the 200 moving average now moves to $47.20. The company has a market capitalization of 10.59B. The price for the stock stands currently at: $61.76 USD
The potential market cap would be $10,958,241,116 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 13.97, 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.
