NASDAQ:WTFC has had its price target increased by the research analysts working at Raymond James from a price of $58 to a price of $65, in one of the research reports that was published by Benzinga. The brokerage firm currently has a rating of ‘strong-buy’ on the stocks of the bank. The price objective presently set by Raymond James suggests an increase of about 29.12% on the current price of the stock.
The Research Reports on NASDAQ:WTFC
NASDAQ:WTFC has always been the subject of quite a few research reports. BidaskClub has also raised the rating of this firm from a hold to a buy in one of the many research reports that were published last Friday. Wedbush also raised the price target of this firm from $50 to $57, while giving the company a rating of ‘outperform’ in a Thursday research report. ValuEngine also updated the shares of this company from a sell to hold, while Zacks Investment Research also increased the rating of NASDAQ:WTFC from a hold to a buy, with a target price set at $46. Keefe, Bruyette & Woods, too, got involved in the fray as they downgraded the rating of the stocks of this company from ‘outperform’ to ‘market perform’ with a price target set at $56, in one of the research reports that was issued on Thursday. Five of the analysts covering the firm gave the stocks a rating of hold, while six of them gave it a rating for buy. But most importantly, one of them gave the stocks a strong buy rating. Currently, the firm has an average rating which is ‘buy’, and a target price set at $50.44.
The Quarterly Earnings for NASDAQ:WTFC
The shares of this firm opened strongly at $50.34 last Friday. The moving average price for fifty days is $43.70, while the moving average for two hundred days is $42.09. The market cap of this company is around $2.90 billion, while the PE ratio is at 11.16, the P/E/G ratio at 0.75, and beta at 1.61. The debt-to-equity ratio of this company was around 0.68, while the current ratio is 1.02, and the quick ratio is 0.99. The 1 year low for NASDAQ:WTFC is $22.02, and the 1 year high for the same is $71.95.
The company had previously issued the data on its quarterly earnings on the 21st of October. The EPS reported by the bank was around $1.67 for this quarter, which comfortably beat out the consensus estimate as set by Thomson Reuters at $1.08. NASDAQ:WTFC also has a net margin of 14.33% with a return on its equity of 7.63%. Most of the analysts are of the opinion that the company is going to report an EPS of 3.69 in the present year.