WESBANCO sees a downgrade to Slightly Negative on account of less fundamental stars
The independent financial analyst theScreener just lowered the general evaluation of WESBANCO (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date December 17, 2021, the closing price was USD 33.61 and its target price was estimated at USD 29.25.WesBanco is a bank holding company. Through its subsidiaries, the company provides a range of financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The company operates two segments: community banking, which provides services provided by commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings; and trust and investment services, which provides trust services as well as various alternative investment products including mutual funds.
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