Peoples United Financial (PBCT) Shares are Down -2.3%

Peoples United Financial (PBCT) has risen sharply, recording gains of 0.64% in the past 4 weeks. However, the stock has corrected -2.3% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.72% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.66% and the 50-Day Moving Average is 1.39%.The 200 Day SMA reached 3.46% Peoples United Financial Inc. is up 4.73% in the last 3-month period. Year-to-Date the stock performance stands at 0.61%.


Peoples United Financial (PBCT) stock is expected to deviate a maximum of $0.41 from the average target price of $13.83 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $14 and the most muted being $13.

Company shares have received an average consensus rating of Hold for the current week Peoples United Financial (NASDAQ:PBCT): stock was range-bound between the intraday low of $15.64 and the intraday high of $15.835 after having opened at $15.78 on Fridays session. The stock finally closed in the red at $15.78, a loss of -1.38%. The stock remained in the red for the whole trading day. The total traded volume was 5,249,836 shares. The stock failed to cross $15.835 in Fridays trading. The stocks closing price on Thursday was $15.93.

Peoples United Financial, Inc. is a savings and loan holding company. It is a holding company for Peoples United Bank (the Bank), a federally-chartered stock savings bank headquartered in Bridgeport, Connecticut. The principal business of the Company is to provide, through the Bank and its subsidiaries, commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Companys operates through three segments: Commercial Banking, Retail Banking and Wealth Management. In addition, the Treasury area manages the Companys securities portfolio, short-term investments, brokered deposits and wholesale borrowings. In addition to traditional banking activities, the Bank provides specialized financial services: personal, institutional and employee benefit trust; cash management, and municipal banking and finance.

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