RBC Capital's analyst Jon Arfstrom has adjusted the price target for Wintrust Financial (WTFC, Financial), lowering it from $152 to $135. Despite this reduction, the firm maintains an Outperform rating for the company's shares following its first-quarter earnings report.
Arfstrom's assessment indicates that Wintrust Financial continues to outperform its peers, driven by robust loan growth, expanding margins, stable fee income, and disciplined expense management. The firm's credit conditions remain stable and manageable, a positive sign for investors.
Looking ahead, Wintrust Financial is expected to experience even stronger loan growth in the second quarter, alongside continued stability in its margins, according to RBC Capital's outlook.
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.
