Wintrust Financial Corp (NASDAQ:WTFC) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 12, 2016
Yesterday Wintrust Financial Corp (NASDAQ:WTFC) traded -0.30% lower at $55.77. The company’s 50-day moving average is $55.22 and its 200-day moving average is $51.89. The last stock close price is up 7.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 58,598 shares of the stock were exchanged, down from an average trading volume of 245,658
Zacks Investment Research has downgraded Wintrust Financial Corp (NASDAQ:WTFC) to Hold in a report released on 10/12/2016.
Previously on 10/08/2016, Zacks Investment Research reported about Wintrust Financial Corp (NASDAQ:WTFC) raised the target price from $0.00 to $63.00. At the time, this indicated a possible upside of 0.12%.
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Wintrust Financial Corp has a 52 week low of $37.96 and a 52 week high of $56.68 with a PE ratio of 17.75 Wintrust Financial Corp’s market capitalization is presently $0.
A total of 10 equity analysts have released a ratings update on WTFC. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $54.95.
Brief Synopsis About Wintrust Financial Corp (NASDAQ:WTFC)
Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company provides community-oriented, personal and commercial banking services to customers located in the Chicago metropolitan area and in southeastern Wisconsin through its banking subsidiaries (the banks). Its subsidiary, First Insurance Funding Corporation (FIFC), is engaged in the premium finance receivables business, including commercial insurance premium finance and life insurance premium finance. It is also engaged in commercial insurance premium finance in Canada through its subsidiary, First Insurance Funding of Canada (FIFC Canada). The Company provides wealth management services to customers in its market area through its subsidiaries, The Chicago Trust Company, N.A. (CTC), Wayne Hummer Investments, LLC (WHI) and Great Lakes Advisors, LLC (Great Lakes Advisors).
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