On May 13, 2025, analyst David Smith from Truist Securities initiated coverage on Webster Financial (WBS, Financial), assigning a "Buy" rating to the stock. This coverage comes as the firm sets a price target of $61.00 USD for WBS.
Truist Securities' initiation highlights a positive outlook for Webster Financial, as the "Buy" rating suggests that the stock is expected to outperform over the near term. The price target of $61.00 indicates potential growth in the stock's valuation.
As this is an initial coverage, there is no prior price target or rating from Truist Securities for Webster Financial (WBS, Financial). Investors watching WBS will be keen to see how the stock performs relative to this newly announced price target and rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Webster Financial Corp (WBS, Financial) is $61.92 with a high estimate of $72.00 and a low estimate of $50.00. The average target implies an upside of 17.05% from the current price of $52.91. More detailed estimate data can be found on the Webster Financial Corp (WBS) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Webster Financial Corp's (WBS, Financial) average brokerage recommendation is currently 1.9, 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 Webster Financial Corp (WBS, Financial) in one year is $49.47, suggesting a downside of 6.49% from the current price of $52.905. 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 Webster Financial Corp (WBS) Summary page.
