People’s United Financial, Inc. (NASDAQ:PBCT) had its Buy rating reiterated by Keefe, Bruyette & Woods with a $21.50 price target

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Analyst Ratings For People’s United Financial, Inc. (NASDAQ:PBCT)

Today, Keefe, Bruyette & Woods reiterated its Buy rating on People’s United Financial, Inc. (NASDAQ:PBCT) with a price target of $21.50.

There are 1 sell ratings, 4 hold ratings, 2 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on People’s United Financial, Inc. (NASDAQ:PBCT) is Hold with a consensus target price of $19.9286 per share, a potential 8.90% upside.

Some recent analyst ratings include

  • 7/23/2018-Keefe, Bruyette & Woods Reiterated Rating of Buy.
  • 4/20/2018-Piper Jaffray Companies Upgrade from a “Underweight ” rating to a ” Neutral” rating.
  • 4/19/2018-Sandler O’Neill Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 3/22/2018-UBS Group initiated coverage with a Neutral rating.
  • 8/18/2017-Jefferies Financial Group Reiterated Rating of Hold.

Recent Insider Trading Activity For People’s United Financial, Inc. (NASDAQ:PBCT)
People’s United Financial, Inc. (NASDAQ:PBCT) has insider ownership of 2.50% and institutional ownership of 76.91%.

  • On 5/17/2018 Mark W. Richards, Director, sold 4,000 with an average share price of $18.71 per share and the total transaction amounting to $74,840.00.
  • On 5/8/2018 Sara M Longobardi, Insider, sold 73,324 with an average share price of $18.33 per share and the total transaction amounting to $1,344,028.92.
  • On 3/5/2018 Galan G. Daukas, Insider, sold 5,612 with an average share price of $19.60 per share and the total transaction amounting to $109,995.20.
  • On 2/13/2018 John P Barnes, Insider, sold 22,000 with an average share price of $19.10 per share and the total transaction amounting to $420,200.00.
  • On 2/1/2018 Lee C Powlus, VP, sold 5,715 with an average share price of $19.79 per share and the total transaction amounting to $113,099.85.
  • On 1/30/2018 George P Carter, Director, sold 7,500 with an average share price of $19.71 per share and the total transaction amounting to $147,825.00.
  • On 1/29/2018 Robert E. Trautmann, VP, sold 30,000 with an average share price of $19.86 per share and the total transaction amounting to $595,800.00.

About People’s United Financial, Inc. (NASDAQ:PBCT)
People's United Financial, Inc. operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 403 branches, including 147 full-service stop and shop supermarket branches located in Connecticut, southeastern New York, Massachusetts, Vermont, Maine, and New Hampshire, as well as 598 ATMs. People's United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.

Recent Trading Activity for People’s United Financial, Inc. (NASDAQ:PBCT)
Shares of People’s United Financial, Inc. closed the previous trading session at 18,30 −0,030 0,16 % with 17.69 shares trading hands.