Western New England Bancorp, Inc. (WNEB)
NASDAQ: WNEB · IEX Real-Time Price · USD
6.90
+0.02 (0.29%)
Jul 2, 2024, 4:00 PM EDT - Market closed
WNEB Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for WNEB stock have an average target of 7.75, with a low estimate of 7.50 and a high estimate of 8.00. The average target predicts an increase of 12.32% from the current stock price of 6.90.
Analyst Consensus: Buy
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for WNEB stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Reiterates $9 → $7.5 | Hold | Reiterates | $9 → $7.5 | +8.70% | Apr 24, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $7 → $7.5 | Hold | Maintains | $7 → $7.5 | +8.70% | Oct 25, 2023 |
| Hovde Group | Hovde Group | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 25, 2023 |
| Seaport Global | Seaport Global | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +15.94% | Sep 12, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +44.93% | Nov 22, 2022 |
Financial Forecast
Revenue This Year
64.77M
from 77.93M
Decreased by -16.89%
Revenue Next Year
70.69M
from 64.77M
Increased by 9.13%
EPS This Year
0.51
from 0.70
Decreased by -27.63%
EPS Next Year
0.65
from 0.51
Increased by 27.52%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 66.7M | 72.8M |
| Avg | 64.8M | 70.7M |
| Low | 62.2M | 67.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -14.4% | 12.3% |
| Avg | -16.9% | 9.1% |
| Low | -20.2% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.53 | 0.70 |
| Avg | 0.51 | 0.65 |
| Low | 0.48 | 0.58 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -25.0% | 38.9% |
| Avg | -27.6% | 27.5% |
| Low | -31.4% | 14.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.