News headlines about Westpac Banking (NYSE:WBK) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Westpac Banking earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.7838349040729 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern’s rankings:
- Westpac Banking Corporation Releases Its 2017 Annual Review and Sustainability Report, and 2017 Annual Report (finance.yahoo.com)
- Westpac Banking (WBK) Quant Score Hamper Rating – Investorplace.com (investorplace.com)
- Westpac CEO Hartzer Says Policy Mess Is Hitting Investment (finance.yahoo.com)
- Are Investors Wary Of Westpac Banking Corporation (WBK)? – Argus Journal (argusjournal.com)
Shares of Westpac Banking (NYSE WBK) traded down $0.56 during trading on Friday, reaching $24.64. The company had a trading volume of 171,300 shares, compared to its average volume of 186,272. Westpac Banking has a twelve month low of $22.17 and a twelve month high of $27.05.
The company also recently announced a None dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, November 13th will be given a $0.717 dividend. This represents a yield of 5.82%. This is a positive change from Westpac Banking’s previous None dividend of $0.71. The ex-dividend date of this dividend is Friday, November 10th. Westpac Banking’s payout ratio is presently 78.41%.
Several equities research analysts recently weighed in on WBK shares. Zacks Investment Research downgraded Westpac Banking from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. Credit Suisse Group lowered Westpac Banking from an “outperform” rating to a “neutral” rating in a research report on Monday, November 6th. Morgan Stanley raised Westpac Banking from an “equal weight” rating to an “overweight” rating in a research report on Thursday, July 20th. Finally, Citigroup Inc. raised Westpac Banking from a “sell” rating to a “neutral” rating in a research report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Westpac Banking currently has a consensus rating of “Hold” and an average target price of $28.00.
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Westpac Banking Company Profile
Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in markets, including consumer, business and institutional banking and wealth management services. The Company is engaged in the provision of financial services, including lending, deposit taking, payments services, investment portfolio management and advice, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services.
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