Piper Sandler analyst Matthew Clark assigned a Hold rating to Washington Federal (WAFD – Research Report) today and set a price target of $28.00. The company’s shares closed yesterday at $26.40.
According to TipRanks, Clark is a 4-star analyst with an average return of 5.6% and a 49.47% success rate. Clark covers the Financial sector, focusing on stocks such as Cathay General Bancorp, Glacier Bancorp, and HomeStreet.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Washington Federal with a $32.50 average price target.
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Based on Washington Federal’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $182.47 million and a net profit of $61.78 million. In comparison, last year the company earned a revenue of $169.3 million and had a net profit of $63.3 million
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Washington Federal (WAFD) Company Description:
Washington Federal, Inc. is a bank holding company for Washington Federal, NA., which engages in the provision of lending, depository, insurance, banking, financial products and services. It offers checking and savings accounts, mortgages, credit cards, retirement, money markets, mobile and online banking, real estate and equipment financing, treasury management, and credit solutions. The company was founded on April 24, 1917 and is headquartered in Seattle, WA.
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