In a report released today, Kelly Motta from KBW reiterated a Hold rating on Wsfs Financial (WSFS – Research Report), with a price target of $53.00. The company’s shares closed last Friday at $42.85.
Motta covers the Financial sector, focusing on stocks such as Washington Federal, Customers Bancorp, and Glacier Bancorp. According to TipRanks, Motta has an average return of 6.0% and a 53.13% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Wsfs Financial with a $49.00 average price target, implying a 14.35% upside from current levels. In a report released on April 26, Piper Sandler also assigned a Hold rating to the stock with a $45.00 price target.
The company has a one-year high of $47.80 and a one-year low of $29.25. Currently, Wsfs Financial has an average volume of 281K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WSFS in relation to earlier this year. Earlier this month, Patrick Joseph Ward, the EVP of WSFS bought 1,472.00 shares for a total of $25,818.88.
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Wsfs Financial (WSFS) Company Description:
WSFS Financial Corp. is a savings and loan holding company, which engages in the provision of banking and financial services. It operates through the following business segments: WSFS Bank, Cash Connect, and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. The Cash Connect segment offers ATM vault cash, cash safe, and other cash logistics services. The Wealth Management segment focuses in array of fiduciary, investment management, credit, and deposit products to clients. The company was founded in 1832 and is headquartered in Wilmington, DE.
