Keefe Bruyette & Woods Maintains WSFS Financial Corporation to Market Perform with Price Target $37.00

Brokerage firm Keefe Bruyette & Woods Maintains its rating on WSFS Financial Corporation(NASDAQ:WSFS). In a research note issued to the investors, the brokerage major Raises the price-target to $37.00 per share. The shares have been rated Market Perform. The rating by Keefe Bruyette & Woods was issued on Aug 1, 2016.

WSFS Financial Corporation (WSFS) shares turned negative on Mondays trading session with the shares closing down -0.04 points or -0.11% at a volume of 48,802. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $36.24. The peak price level was also seen at $36.24 while the days lowest was $35.85. Finally the shares closed at $36.2. The 52-week high of the shares is $37.1 while the 52-week low is $26.26. According to the latest information available, the market cap of the company is $1,070 M.

WSFS Financial Corporation(WSFS) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $46.41M. Analysts had an estimated revenue of $46.64M. Earnings per share were $0.58. Analysts had estimated an EPS of $0.55.

Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, Richard Wright (EVP) sold 4,597 shares at $36.28 per share price.Also, On Jun 10, 2016, Peggy H Eddens (EVP) purchased 400 shares at $35.97 per share price.On May 24, 2016, Paul D Geraghty (EVP) sold 15,348 shares at $34.42 per share price, according to the Form-4 filing with the securities and exchange commission.

WSFS Financial Corporation is a financial services company. The Company’s subsidiary is Wilmington Savings Fund Society FSB (WSFS Bank or the Bank) which is the bank and trust company in the United States. The Company operates in three segments: WSFS Bank Cash Connect and Trust and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. Cash Connect provides turnkey ATM services through strategic partnerships with several of the network manufacturers and service providers in the ATM industry. The Trust and Wealth Management segment provides an array of fiduciary investment management credit and deposit products to clients. It also offers variety of consumer loan products retail securities and insurance brokerage services through its retail branches and mortgage and title services through those branches and through Pennsylvania-based Array Financial Group Inc. and Arrow Land Transfer Company.

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