In a report released today, Frank Schiraldi from Piper Sandler maintained a Hold rating on Wsfs Financial (WSFS – Research Report), with a price target of $45.00. The company’s shares closed yesterday at $44.53.
Schiraldi covers the Financial sector, focusing on stocks such as Bancorp, Fulton Financial, and M&T Bank. According to TipRanks, Schiraldi has an average return of 12.0% and a 56.18% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wsfs Financial with a $46.50 average price target, implying a 4.42% upside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $48.00 price target.
Based on Wsfs Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $63.91 million. In comparison, last year the company had a net profit of $84.45 million
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WSFS in relation to earlier this year. Earlier this month, Patrick Joseph Ward, the EVP of WSFS bought 1,472.00 shares for a total of $25,818.88.
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Wsfs Financial (WSFS) Company Description:
WSFS Financial Corp. is a savings and loan holding company, which engages in the provision of banking and financial services. It operates through the following business segments: WSFS Bank, Cash Connect, and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. The Cash Connect segment offers ATM vault cash, cash safe, and other cash logistics services. The Wealth Management segment focuses in array of fiduciary, investment management, credit, and deposit products to clients. The company was founded in 1832 and is headquartered in Wilmington, DE.
