Wintrust Financial Corp. (NASDAQ:WTFC) had its price objective raised by UBS AG from $46.00 to $48.00 in a research report released on Wednesday morning, StockRatingsNetwork.com reports. UBS AG currently has a buy rating on the stock.
In other Wintrust Financial Corp. news, Director Albin F. Moschner sold 3,998 shares of the stock on the open market in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $43.36, for a total value of $173,353.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Wintrust Financial Corp. (NASDAQ:WTFC) traded down 0.09% during mid-day trading on Wednesday, hitting $43.32. The stock had a trading volume of 95,736 shares. Wintrust Financial Corp. has a one year low of $34.40 and a one year high of $43.49. The stock’s 50-day moving average is $40.91 and its 200-day moving average is $38.98. The company has a market cap of $1.721 billion and a P/E ratio of 16.64.
Wintrust Financial Corp. (NASDAQ:WTFC) last released its earnings data on Monday, October 14th. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.64 by $0.07. The company had revenue of $196.40 million for the quarter, compared to the consensus estimate of $195.50 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. On average, analysts predict that Wintrust Financial Corp. will post $2.72 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a buy rating on shares of Wintrust Financial Corp. in a research note to investors on Wednesday. They now have a $45.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods reiterated a hold rating on shares of Wintrust Financial Corp. in a research note to investors on Wednesday. They now have a $42.00 price target on the stock, up previously from $39.00. Finally, analysts at Jefferies Group raised their price target on shares of Wintrust Financial Corp. from $43.00 to $44.00 in a research note to investors on Wednesday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $44.43.
Wintrust Financial Corporation is a financial holding company. It provides personal and commercial banking services to customers located in the Chicago and in southeastern Wisconsin through its 15 wholly owned banking subsidiaries, as well as origination and purchase of residential mortgages for sale into the secondary market through Wintrust Mortgage, a division of Barrington Bank and Trust Company, N.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.