Shares of Woori Bank (NYSE:WF) have received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokers have set a one year consensus target price of $54.00 for the company, according to Zacks. Zacks has also assigned Woori Bank an industry rank of 78 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Woori Bank from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Wednesday, May 17th.
Large investors have recently added to or reduced their stakes in the company. GRATRY & Co LLC bought a new stake in Woori Bank during the second quarter valued at about $297,000. Dimensional Fund Advisors LP boosted its stake in Woori Bank by 0.6% in the second quarter. Dimensional Fund Advisors LP now owns 31,778 shares of the bank’s stock valued at $1,547,000 after buying an additional 177 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Woori Bank by 15.2% in the second quarter. Parametric Portfolio Associates LLC now owns 234,009 shares of the bank’s stock valued at $11,396,000 after buying an additional 30,860 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Woori Bank by 11.0% in the second quarter. Northern Trust Corp now owns 120,807 shares of the bank’s stock valued at $5,884,000 after buying an additional 11,974 shares in the last quarter. 0.26% of the stock is currently owned by institutional investors and hedge funds.
Shares of Woori Bank (NYSE WF) traded up 2.89% during mid-day trading on Friday, reaching $50.90. 11,879 shares of the company’s stock traded hands. Woori Bank has a 12-month low of $28.02 and a 12-month high of $53.50. The company’s 50 day moving average is $50.04 and its 200 day moving average is $42.38.
Woori Bank Company Profile
Woori Finance Holdings Co, Ltd. is a financial holding company. The Company serves over 24 million corporate and retail customers with a range of financial services, including commercial banking, credit card, capital market, international banking, wealth management and bancassurance services. The Company’s domestic network consists of more than 1,300 branches and 8,500 cash terminals.
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