B.Riley FBR Reiterates a Hold Rating on WesBanco Inc (WSBC)


In a report released yesterday, Steve Moss from B.Riley FBR reiterated a Hold rating on WesBanco Inc (NASDAQ: WSBC), with a price target of $49. The company’s shares closed yesterday at $49.33, close to its 52-week high of $50.65.

According to TipRanks.com, Moss is a 4-star analyst with an average return of 7.5% and a 65.2% success rate. Moss covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, Meta Financial Group, and First Commonwealth.

WesBanco Inc has an analyst consensus of Hold, with a price target consensus of $49.50, which is a 0.3% upside from current levels. In a report issued on July 24, Boenning & Scattergood also maintained a Hold rating on the stock.

.

See today’s analyst top recommended stocks >>

Based on WesBanco Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $33.17 million. In comparison, last year the company had a net profit of $26.34 million.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock.

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. It offers financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The company operates through the following segments: Community Banking, and Trust & Investment Services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts