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Zacks Investment Research upgraded Westpac Banking Corp (ADR) (NYSE:WBK) to Hold in a report released today.

Zacks Investment Research has upgraded Westpac Banking Corp (ADR) (NYSE:WBK) to Hold in a report released on 5/23/2017.

Just yesterday Westpac Banking Corp (ADR) (NYSE:WBK) traded -0.90% lower at $23.21. Westpac Banking Corp (ADR)’s 50-day moving average is $25.50 and its 200-day moving average is $24.75. The last stock price is down 2.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 198,245 shares of WBK traded hands, up from an average trading volume of 164,105

Recent Performance Chart

Westpac Banking Corp (ADR) (NYSE:WBK)

Westpac Banking Corp (ADR) has 52 week low of $22.17 and a 52 week high of $27.05 with a PE ratio of 14.91 and has a market capitalization of $0.

Also covering Westpac Banking Corp (ADR)'s price target, a total of 1 analyst has released a report on Westpac Banking Corp (ADR). The 12-month price target is $26.10 with 1 broker rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Westpac Banking Corp (ADR) (NYSE:WBK)

Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in markets, including consumer, business and institutional banking and wealth management services. The Company is engaged in the provision of financial services, including lending, deposit taking, payments services, investment portfolio management and advice, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. The Company's segments include Consumer Bank, Business Bank, BT Financial Group (BTFG), Westpac Institutional Bank (WIB) and Westpac New Zealand. The Company has branches throughout Australia, New Zealand, Asia and in the Pacific region. The Company through its division offers its services under various brands, such as Westpac, St.George, BankSA, Bank of Melbourne and RAMS brands.

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