Macquarie Research downgraded Wesbanco Inc. (NASDAQ:WSBC) from Outperform to Neutral in a statement released earlier today.
- Updated: November 27, 2016
Macquarie Research has downgraded Wesbanco Inc. (NASDAQ:WSBC) from Outperform to Neutral in a report released on 11/22/2016.
Previously on Thursday January 28, 2016, FBR Capital reported on Wesbanco Inc. (NASDAQ:WSBC) reduced the target price from $35.00 to $33.00 that suggested an upside of 0.18%.
Boasting a price of $39.52, Wesbanco Inc. (NASDAQ:WSBC) traded 0.60% higher on the day. The last closing price is up 23.61% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $34.88 and a 200-day moving average of $32.55. 57,694 shares of the stock traded hands, down from an average trading volume of 116,473
Recent Performance Chart
With a total market value of $0, Wesbanco Inc. has P/E ratio of 18.26 with a 52 week low of $26.93 and a 52 week high of $40.24 .
General Company Details For Wesbanco Inc. (NASDAQ:WSBC)
WesBanco, Inc. (WesBanco) is a bank holding company. The Company offers a range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. WesBanco offers its services through two segments: community banking, which offers services by full-service commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services, and trust and investment services, which offers trust services, as well as various alternative investment products, including mutual funds. WesBanco operates a commercial bank, WesBanco Bank, Inc. (the Bank), through over 140 offices, a loan production office and approximately 130 automated teller machine (ATM) machines located in West Virginia, Ohio, and western Pennsylvania.
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