Westpac Banking Stock Rating Reaffirmed by Nomura (WBC)

Westpac Banking (ASX: WBC)‘s stock had its “neutral” rating reaffirmed by analysts at Nomura in a research report issued to clients and investors on Wednesday, Stock Ratings Network.com reports. They currently have a €33.00 ($42.31) target price on the stock.

Shares of Westpac Banking (ASX: WBC) opened at 29.040 on Wednesday. Westpac Banking has a one year low of A$21.800 and a one year high of A$34.790. The stock’s 50-day moving average is currently A$28.64. The company has a market cap of A$89.530 billion and a P/E ratio of 14.42.

Westpac Banking Corporation (ASX: WBC), incorporated in 1850, is a banking organization.