Washington Federal (WAFD) was Reiterated by RBC Capital Mkts to “Sector Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 26 from a previous price target of $23 . RBC Capital Mkts advised their investors in a research report released on Apr 18, 2016.
Many Wall Street Analysts have commented on Washington Federal. Shares were Reiterated by RBC Capital Mkts on Jan 21, 2016 to “Sector Perform” and Lowered the Price Target to $ 23 from a previous price target of $26 .
Washington Federal opened for trading at $23.37 and hit $23.82 on the upside on Friday, eventually ending the session at $23.58, with a gain of 0.90% or 0.21 points. The heightened volatility saw the trading volume jump to 4,76,857 shares. Company has a market cap of $2,159 M.
In a different news, on Feb 26, 2016, Barbara Smith (director) purchased 625 shares at $21.59 per share price. According to the SEC, on Feb 22, 2016, Thomas J Kelley (director) purchased 2,150 shares at $21.48 per share price. On Jan 25, 2016, Randall H Talbot (director) purchased 3,000 shares at $20.41 per share price, according to the Form-4 filing with the securities and exchange commission.
Washington Federal Inc. is a United States of America-based bank holding company. Its principal subsidiary is Washington Federal National Association which operates 182 offices in eight western states. The Company obtains its funds primarily through deposits from the general public repayments of loans borrowings and retained earnings. These funds are used largely to make loans to individuals and businesses including loans for the purchase of new and existing homes construction and land loans commercial real estate loans commercial and industrial loans. The Company caters to Home Loans Personal Banking and Commercial Banking segments.