WesBanco (NASDAQ:WSBC) was downgraded by equities research analysts at Boenning Scattergood from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. The analysts noted that the move was a valuation call.
Several other analysts have also recently commented on the stock. Analysts at Janney Montgomery Scott raised their price target on shares of WesBanco from $27.00 to $28.00 in a research note to investors on Monday, June 3rd. Analysts at Keefe, Bruyette & Woods raised their price target on shares of WesBanco from $25.00 to $26.00 in a research note to investors on Friday, April 26th. They now have a “market perform” rating on the stock.
WesBanco (NASDAQ: WSBC) opened at 30.16 on Wednesday. WesBanco has a 1-year low of $19.75 and a 1-year high of $30.23. The stock’s 50-day moving average is currently $26.87. The company has a market cap of $881.1 million and a price-to-earnings ratio of 15.51.
WesBanco, Inc (NASDAQ: WSBC) is a bank holding company.