Barclays analyst Jared Shaw has revised the price target for Wintrust Financial (WTFC, Financial), increasing it from $138 to $145, following the company's impressive first-quarter results. This adjustment reflects a continued Overweight rating on the stock, indicating a positive outlook for its future performance.
The decision to enhance the price target is based on Wintrust Financial's robust financial results, which underscore a consistent growth path. These outcomes position the bank favorably against its competitors, suggesting it can maintain strong performance amid industry challenges.
Investors are advised that Wintrust's stable expansion trajectory supports its potential for sustained success, reinforcing its competitive advantage within the financial sector. This optimistic assessment from Barclays highlights Wintrust's capability to deliver solid returns and maintain shareholder value.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Wintrust Financial Corp (WTFC, Financial) is $135.77 with a high estimate of $150.00 and a low estimate of $115.00. The average target implies an upside of 27.29% from the current price of $106.66. More detailed estimate data can be found on the Wintrust Financial Corp (WTFC) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Wintrust Financial Corp's (WTFC, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Wintrust Financial Corp (WTFC, Financial) in one year is $109.69, suggesting a upside of 2.84% from the current price of $106.66. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wintrust Financial Corp (WTFC) Summary page.
