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Washington Trust Bancorp (NASDAQ:WASH) target price raised to $41.00, reported today by Keefe, Bruyette & Woods

Yesterday Washington Trust Bancorp (NASDAQ:WASH) traded 0.73% higher at $40.22. The company’s 50-day moving average is $41.37 and its 200-day moving average is $38.62. The last stock close price is up 4.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 69,750 shares of the stock were exchanged, up from an average trading volume of 40,436

Washington Trust Bancorp (NASDAQ:WASH) had its target price raised to $41.00 by Keefe, Bruyette & Woods in a report released 10/03/2016. The new target price indicates a possible upside of 0.02% based on the company's last stock close price.

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Washington Trust Bancorp (NASDAQ:WASH)

Washington Trust Bancorp has a 52 week low of $34.59 and a 52 week high of $43.85 with a P/E ratio of 16.10 The company’s market cap is currently $0.

About Washington Trust Bancorp (NASDAQ:WASH)

Washington Trust Bancorp, Inc. (Bancorp) is a bank holding and financial holding company. The Company operates through two segments: Commercial Banking and Wealth Management Services. Its Commercial Banking segment includes commercial, residential and consumer lending activities; equity in losses of unconsolidated investments in real estate limited partnerships, mortgage banking, secondary market and loan servicing activities; deposit generation; merchant credit card services; cash management activities, and direct banking activities, which include the operation of automated teller machines (ATMs), telephone and Internet banking services, and customer support and sales. Its Wealth Management Services segment includes investment management; financial planning; personal trust and estate services, including services as trustee, personal representative, custodian and guardian; settlement of decedents' estates, and institutional trust services, including fiduciary services.

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