The opening price for People’s United Financial, Inc. (NASDAQ:PBCT) was $17.84 and the volume amounted to 2.13 million shares which compares with the average volume of 3.13 million shares. The company stock experienced a -0.39% move to arrive at $17.79.People’s United Financial, Inc. (PBCT) Analyst Opinion
People’s United Financial, Inc. has a consensus hold rating from 11 Wall Street analysts, and the number of shares currently sold short amount to at least 8.4% of shares outstanding. The stock spiked 3.91% last month and is down -8.11 this year. Wall Street is only getting more bearish on the stock, with 0 of analysts who cover PBCT having a buy-equivalent rating. Analysts have placed a $18.14 price target on People’s United Financial, Inc., suggesting a 1.97% gain from recent close. It’s currently trading about -11.62% below its 52-week high.People’s United Financial, Inc. Earnings Surprise
People’s United Financial, Inc. (PBCT) failed to surprise the stock market in its last reported earnings when it earned $0.22 a piece versus the consensus-estimated $0.22. Its revenue totaled $341.56 million up 3.19% from the previous quarter.
This stock (PBCT) is ahead of its 52-week low with 21.77%. Its last month’s stock price volatility remained 1.61% which for the week stands at 1.6%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.99% and stays 2.87% away from its 50 days moving average. Over the last five days, shares have managed 0.74% gains and now is down -0.57% since hitting its 200-day moving average of $18.27. People’s United Financial, Inc. (PBCT) has made its way to a 12-month gain of 19.96%.
Turning to Automatic Data Processing, Inc. (NASDAQ:ADP), its shares were trading at $103.66 a retreat of $-1.48, on the trading floor. The stock, after opening at $105, touched a high of $105.37 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.6. Automatic Data Processing, Inc. has 5 buy ratings, 11 holds and 1 sells even after the stock tumbled -1.91% from its high of $105.68 to a $46.66 billion market value through last close.Automatic Data Processing, Inc. (ADP) Consensus Price Target
The company’s consensus rating on Reuter’s scale improved from 2.53 to 2.58 during a month. Analysts set a 12-month price target of $99.56 a share. The target implies a -3.96% decrease from where the shares are currently trading. Also, the current price highlights a discount of 10.94% to analysts’ high consensus price target.Automatic Data Processing, Inc. (NASDAQ:ADP) Intraday Trading
The counter witnessed a trading volume of 5.4 million shares versus an average volume of 2.47 million shares during last trading session. Its last month’s stock price volatility remained 1.59% which for the week approaches 1.39%. The lowest price the stock reached in the last trading day was $103.64 and compares with the $85.48 52-week low. The stock recovered 21.27% since its low point and has performed 0.86% year-to-date.