In a report released today, Kelly Motta from KBW maintained a Buy rating on Washington Federal (WAFD – Research Report), with a price target of $38.00. The company’s shares opened today at $28.34.
Motta covers the Financial sector, focusing on stocks such as Bank Of Hawaii, Popular, and Stock Yards Bancorp. According to TipRanks, Motta has an average return of 5.1% and a 47.06% success rate on recommended stocks.
Currently, the analyst consensus on Washington Federal is a Moderate Buy with an average price target of $35.00, representing a 23.50% upside. In a report released today, D.A. Davidson also assigned a Buy rating to the stock with a $35.00 price target.
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The company has a one-year high of $38.63 and a one-year low of $28.20. Currently, Washington Federal has an average volume of 861.9K.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WAFD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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