Piper Jaffray Keeps a Hold Rating on Washington Federal

By Carrie Williams

Piper Jaffray analyst Matthew Clark reiterated a Hold rating on Washington Federal (NASDAQ: WAFD) yesterday and set a price target of $35. The company’s shares closed yesterday at $33.20.

According to TipRanks.com, Clark is a 3-star analyst with an average return of 4.6% and a 62.9% success rate. Clark covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pacific Premier Bancorp Inc, and Columbia Banking System.

Currently, the analyst consensus on Washington Federal is Hold and the average price target is $36.75, representing a 10.7% upside.

In a report released yesterday, RBC Capital also reiterated a Hold rating on the stock with a $36 price target.

The company has a one-year high of $37.70 and a one-year low of $29.80. Currently, Washington Federal has an average volume of 480.1K.

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Washington Federal, Inc. operates as a bank holding company for Washington Federal, NA., which engages in the provision of financial products and services. It offers checking and savings accounts, mortgages, credit cards, retirement, money markets, mobile and online banking, real estate and equipment financing, treasury management, and credit solutions.