Westpac Banking Co. (OTCMKTS:WEBNF – Get Free Report) traded down 1% on Friday . The stock traded as low as C$13.75 and last traded at C$13.79. 5,890 shares traded hands during trading, an increase of 33% from the average session volume of 4,445 shares. The stock had previously closed at C$13.94.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Citigroup cut Westpac Banking to a “neutral” rating in a research note on Monday, May 15th. The Goldman Sachs Group downgraded shares of Westpac Banking from a “conviction-buy” rating to a “neutral” rating in a report on Wednesday, June 28th.
Westpac Banking Stock Performance
About Westpac Banking
Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products.
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