Western New England Bancorp, Inc. (WNEB)
NASDAQ: WNEB · IEX Real-Time Price · USD
6.49
+0.04 (0.62%)
Apr 18, 2024, 4:30 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 19.41% from the current stock price of 6.49.
Analyst Consensus: Buy
* Price targets were last updated on Oct 25, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 Maintains $7 → $7.5 | Hold | Maintains | $7 → $7.5 | +15.56% | 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 | +23.27% | Sep 12, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +54.08% | Nov 22, 2022 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jan 28, 2021 |
Financial Forecast
Revenue This Year
67.32M
from 77.93M
Decreased by -13.62%
Revenue Next Year
73.90M
from 67.32M
Increased by 9.77%
EPS This Year
0.57
from 0.70
Decreased by -18.40%
EPS Next Year
0.72
from 0.57
Increased by 25.45%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 69.6M | 77.0M |
| Avg | 67.3M | 73.9M |
| Low | 64.4M | 70.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -10.7% | 14.3% |
| Avg | -13.6% | 9.8% |
| Low | -17.4% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.60 | 0.80 |
| Avg | 0.57 | 0.72 |
| Low | 0.54 | 0.65 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -14.5% | 39.7% |
| Avg | -18.4% | 25.4% |
| Low | -23.0% | 13.2% |
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.