Westfield Financial, Inc. (NASDAQ:WFD) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Zacks Investment Research has upgraded Westfield Financial, Inc. (NASDAQ:WFD) to Hold in a statement released on Wednesday September 28, 2016.
Having a price of $7.58, Westfield Financial, Inc. (NASDAQ:WFD) traded 0.92% higher on the day. With the last close down -1.32% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. WFD has recorded a 50-day average of $7.61 and a two hundred day average of $7.75. Trade Volume was up over the average, with 30,304 shares of WFD changing hands over the typical 23,830
Recent Performance Chart
Westfield Financial, Inc. has PE ratio of 24.76 with a one year low of $7.30 and a one year high of $8.85 and has a market capitalization of $0.
A total of 3 analysts have released a report on Westfield Financial, Inc.. One analyst rating the company a strong buy, zero analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $8.50.
General Company Details For Westfield Financial, Inc. (NASDAQ:WFD)
Westfield Financial, Inc. (Westfield Financial) serves as a holding company for Westfield Bank (the Bank). The Company operates through community banking segment. It focuses on residential real estate lending, as well as servicing commercial customers, including commercial and industrial lending and commercial deposit relationships. In addition, it provides online banking services. The Bank's loan portfolio primarily consists of commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity loans and consumer loans. The Bank invests in government-sponsored enterprise debt securities, municipal bonds, corporate bonds and mutual funds. Its primary sources of funds for use in lending, investing and for other general purposes are deposits, short-term borrowings, long-term debt, scheduled amortization and prepayments of loan principal, maturities and calls of securities and funds provided by operations.
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