Westpac Banking (ASX:WBC)‘s stock had its “neutral” rating reaffirmed by analysts at UBS AG in a research report issued to clients and investors on Tuesday, ARN reports.
Separately, analysts at Nomura reiterated a “neutral” rating on shares of Westpac Banking in a research note to investors on Wednesday, June 5th. They now have a €33.00 ($43.42) price target on the stock.
One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Westpac Banking presently has a consensus rating of “Hold” and an average price target of A$29.50 ($27.06).
Shares of Westpac Banking (ASX: WBC) traded up 0.31% during mid-day trading on Tuesday, hitting A$29.490. Westpac Banking has a 52 week low of A$22.270 and a 52 week high of A$34.790. The stock’s 50-day moving average is currently A$28.59. The company has a market cap of A$90.918 billion and a P/E ratio of 14.65.
Westpac Banking Corporation (ASX: WBC), incorporated in 1850, is a banking organization.