Zacks Rating on Peoples United Financial (PBCT)

Peoples United Financial (PBCT) has an average broker rating of 3.76, which is interpreted as a Sell, as rated by 7 equity analysts. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Peoples United Financial (PBCT) : The most positive equity analysts on Peoples United Financial (PBCT) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $13.83 with an expected fluctuation of $0.41 from the mean.


Shares of Peoples United Financial Inc. rose by 1.75% in the last five trading days and 3.23% for the last 4 weeks. Peoples United Financial Inc. is up 1.58% in the last 3-month period. Year-to-Date the stock performance stands at 0.55%. Peoples United Financial (NASDAQ:PBCT): stock turned positive on Tuesday. Though the stock opened at $15.77, the bulls momentum made the stock top out at $15.775 level for the day. The stock recorded a low of $15.67 and closed the trading day at $15.7, in the green by 0.06%. The total traded volume for the day was 1,932,701. The stock had closed at $15.69 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *