Were Analysts Bullish Westpac Banking Corp (ADR) (NYSE:WBK) This Week?

June 20, 2017 - By Maria Brooks

 Were Analysts Bullish Westpac Banking Corp (ADR) (NYSE:WBK) This Week?

Westpac Banking Corp (ADR) (NYSE:WBK) Ratings Coverage

Among 3 analysts covering Westpac Banking (NYSE:WBK), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Westpac Banking had 3 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was upgraded by Macquarie Research on Tuesday, May 24 to “Outperform”. The firm earned “Outperform” rating on Wednesday, September 2 by Credit Suisse. The rating was downgraded by JP Morgan on Thursday, August 11 to “Neutral”. Below is a list of Westpac Banking Corp (ADR) (NYSE:WBK) latest ratings and price target changes.

About 97,828 shares traded. Westpac Banking Corp (ADR) (NYSE:WBK) has risen 6.51% since June 20, 2016 and is uptrending. It has underperformed by 10.19% the S&P500.

Westpac Banking Corporation is a banking organization. The company has market cap of $77.13 billion. The Firm provides a range of banking and financial services in markets, including consumer, business and institutional banking and wealth management services. It has a 13.56 P/E ratio. The Firm is engaged in the provision of financial services, including lending, deposit taking, payments services, investment portfolio management and advice, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services.

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