Raymond James believes WesBanco (WSBC) won’t stop here
According to TipRanks.com, Wallace is a 5-star analyst with an average return of 29.2% and a success rate of 74.5%. Wallace covers the financial sector, focusing on stocks such as American National Bankshares, Meridian Interstate Bancorp, and Atlantic Capital Bancshares.
WesBanco has an analyst consensus on the moderate buy, with a target price consensus of $ 36.00.
Based on WesBanco’s latest earnings release for the quarter ending Dec.31, the company reported quarterly revenue of $ 144 million and net profit of $ 52.86 million. By comparison, last year the company achieved sales of $ 131 million and net profit of $ 36.38 million.
Based on the recent corporate insider activity of 64 insiders, company insider sentiment is stock neutral.
TipRanks followed 36,000 company insiders and found that a few of them are better than others when it comes to timing their trades. See who 3 actions are the most likely to make moves as a result of their internal activities.
WesBanco, Inc. is a banking holding company. It provides financial services, including retail banking, business banking, personal and business trust services, brokerage services, mortgage banking and insurance. The company operates in the following segments: community banking and trust and investment services. The Community Banking segment offers services traditionally offered by commercial banking services, including commercial sight accounts, individual sight accounts and term deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The Trust and Investment Services segment offers trust services as well as various alternative investment products, including mutual funds. The company was founded on April 3, 1870 and is headquartered in Wheeling, WV.
Learn more about WSBC: