Woori Bank (WF) Given $61.00 Consensus Target Price by Brokerages

Share on StockTwits

Woori Bank (NYSE:WF) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus target price of $61.00 for the company, according to Zacks. Zacks has also given Woori Bank an industry rank of 229 out of 255 based on the ratings given to its competitors.

Several research firms recently commented on WF. ValuEngine raised Woori Bank from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. Zacks Investment Research raised Woori Bank from a “hold” rating to a “strong-buy” rating and set a $48.00 target price for the company in a research note on Tuesday, October 30th.

Shares of WF opened at $40.00 on Thursday. Woori Bank has a 1 year low of $38.29 and a 1 year high of $48.24. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.72. The stock has a market cap of $9.05 billion, a PE ratio of 7.41, a P/E/G ratio of 0.84 and a beta of 0.65.

Woori Bank (NYSE:WF) last released its earnings results on Friday, November 16th. The bank reported $2.25 EPS for the quarter. Woori Bank had a return on equity of 9.67% and a net margin of 19.63%. The business had revenue of $1.52 billion during the quarter. On average, research analysts anticipate that Woori Bank will post 8.38 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the stock. Lindbrook Capital LLC purchased a new position in shares of Woori Bank during the fourth quarter valued at approximately $58,000. Wetherby Asset Management Inc. lifted its holdings in Woori Bank by 19.7% during the third quarter. Wetherby Asset Management Inc. now owns 12,676 shares of the bank’s stock worth $574,000 after acquiring an additional 2,085 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Woori Bank by 5.9% during the third quarter. Dimensional Fund Advisors LP now owns 51,965 shares of the bank’s stock worth $2,355,000 after acquiring an additional 2,902 shares during the period. JPMorgan Chase & Co. lifted its holdings in Woori Bank by 2,060.7% during the third quarter. JPMorgan Chase & Co. now owns 5,056 shares of the bank’s stock worth $230,000 after acquiring an additional 4,822 shares during the period. Finally, Morgan Stanley lifted its holdings in Woori Bank by 6.4% during the third quarter. Morgan Stanley now owns 105,860 shares of the bank’s stock worth $4,799,000 after acquiring an additional 6,326 shares during the period. 0.56% of the stock is currently owned by institutional investors.

About Woori Bank

Woori Bank engages in the provision of personal and commercial banking services. It operates through the following segments: Consumer Banking, Corporate Banking, Investment Banking, Capital Markets, Credit Cards, and Other Operations. The Consumer Banking segment consists of lending to and taking deposits from its retail customers.

See Also: NASDAQ Stock Market Explained

Get a free copy of the Zacks research report on Woori Bank (WF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Woori Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woori Bank and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2019 BBNS.