Boenning & Scattergood Thinks Wsfs Financial Corp’s Stock is Going to Recover


In a report released today, Matthew Schultheis from Boenning & Scattergood reiterated a Buy rating on Wsfs Financial Corp (NASDAQ: WSFS). The company’s shares closed yesterday at $42.97, close to its 52-week low of $42.57.

According to TipRanks.com, Schultheis is a 3-star analyst with an average return of 3.2% and a 50.7% success rate. Schultheis covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Fulton Financial Corp.

Wsfs Financial Corp has an analyst consensus of Strong Buy, with a price target consensus of $60.50, a 40.8% upside from current levels. In a report issued on October 10, KBW also upgraded the stock to Buy.

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The company has a one-year high of $57.70 and a one-year low of $42.57. Currently, Wsfs Financial Corp has an average volume of 212.2K.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is neutral 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.

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.

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