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Webster Financial Corp has a consensus price target of $56.42 based on the ratings of 19 analysts. The high is $70 issued by Wells Fargo on December 3, 2024. The low is $42 issued by Wells Fargo on October 4, 2023. The 3 most-recent analyst ratings were released by Barclays, Wells Fargo, and Wedbush on December 5, 2024, December 3, 2024, and October 18, 2024, respectively. With an average price target of $66 between Barclays, Wells Fargo, and Wedbush, there's an implied 12.02% upside for Webster Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Webster Finl (NYSE:WBS) was reported by Barclays on December 5, 2024. The analyst firm set a price target for $69.00 expecting WBS to rise to within 12 months (a possible 17.11% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Webster Finl (NYSE:WBS) was provided by Barclays, and Webster Finl maintained their overweight rating.
The last upgrade for Webster Financial Corp happened on January 24, 2024 when JP Morgan raised their price target to $65. JP Morgan previously had a neutral for Webster Financial Corp.
The last downgrade for Webster Financial Corp happened on August 5, 2024 when Morgan Stanley changed their price target from $54 to $57 for Webster Financial Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Webster Finl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Webster Finl was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest Webster Finl (WBS) rating was a maintained with a price target of $63.00 to $69.00. The current price Webster Finl (WBS) is trading at is $58.92, which is out of the analyst’s predicted range.
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