In a report released yesterday, Catherine Mealor from KBW reiterated a Hold rating on WesBanco Inc (NASDAQ: WSBC), with a price target of $42. The company’s shares closed yesterday at $38.29.
According to TipRanks.com, Mealor is a 5-star analyst with an average return of 15.8% and a 76.8% success rate. Mealor covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, American National Bankshares, and Community Bankers Trust Corp.
WesBanco Inc has an analyst consensus of Moderate Buy, with a price target consensus of $43.
WesBanco Inc’s market cap is currently $1.68B and has a P/E ratio of 17.73. The company has a book value ratio of 1.2382.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. Last month, Gregory Dugan, the EVP & Sr Operations Officer of WSBC sold 8,000 shares for a total of $325,680.
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.
WesBanco, Inc. is a bank holding company for WesBanco Bank, Inc. It offers a range of financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The company operates its business through Community Banking and Trust and Investment Services segments. The Community Banking segment offers services traditionally offered by service commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The Trust and Investment Services segment offers trust services as well as various alternative investment products including mutual funds. The company was founded in 1870 and is headquartered in Wheeling, WV.