# Webster Financial Corporation  Share Price Target ‘$58.79’, now 29.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/webster-financial-corporation-share-price-target-58.79-now-29.4-upside-potential/4121142064
- Published: 2024-02-09T15:07:43+00:00
- Author: Charlotte Edwards

**Webster Financial Corporation** with ticker code (WBS) now have 14 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $65.00 and $50.00 suggesting an average analyst share
price target price of $58.79. (at the time of writing). Given that the stocks previous
close was at $45.43 and the analysts are correct then there would likely be a percentage
uptick in value of 29.4%. The day 50 moving average is $49.32 and the 200 day MA
is $42.32. The total market capitalization for the company now stands at 7.84B. 
The current share price for the company is: $45.60 USD

 The potential market cap would be $10,151,016,836 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 9.29, revenue per share of $14.43
and a 1.19% return on assets.

Webster Financial Corporation is a holding company for Webster Bank, National Association
and its HSA Bank division. The Webster Bank, along with its HSA Bank Division, is
a commercial bank in the Northeast that delivers a range of digital and traditional
financial solutions. Its segments include Commercial Banking, HSA Bank, and Consumer
Banking. Commercial Banking serves businesses through its commercial real estate
and equipment finance, middle market, business banking, asset-based lending and 
commercial services, public sector finance, mortgage warehouse, sponsor and specialty
finance, verticals and support, private banking, and treasury management business
units. HSA Bank segment offers a consumer-directed healthcare solution that includes
health reimbursement arrangements, flexible spending accounts, and commuter benefits.
The Consumer Banking segment operates a distribution network, primarily throughout
southern New England and the New York Metro and Suburban markets.

Share on:
