Deep Dive Into Webster Finl Stock: Analyst Perspectives (11 Ratings)
Portfolio Pulse from Benzinga Insights
Recent analysis of Webster Financial Corp (NYSE:WBS) by 11 analysts shows a mix of bullish and somewhat bullish ratings, with an updated average 12-month price target of $61.82, reflecting a 6.59% increase from the previous target. The company, a financial services provider, has seen a revenue decline of -9.9% over the last 3 months but maintains strong net margin and ROE figures, outperforming industry standards.
March 26, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Webster Financial Corp (WBS) receives mixed analyst ratings with a bullish outlook, raising the average 12-month price target to $61.82. Despite a revenue decline, the company's strong net margin and ROE indicate solid financial performance.
The increase in the average 12-month price target suggests analysts are optimistic about WBS's future performance, despite recent revenue declines. The strong net margin and ROE figures indicate the company is managing its finances well, which could positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100