Shares of Woori Bank (NYSE:WF) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus price objective of $61.00 for the company, according to Zacks. Zacks has also assigned Woori Bank an industry rank of 240 out of 256 based on the ratings given to related companies.

WF has been the topic of several research reports. Zacks Investment Research raised shares of Woori Bank from a “hold” rating to a “strong-buy” rating and set a $48.00 price objective on the stock in a research note on Tuesday, October 30th. ValuEngine raised shares of Woori Bank from a “sell” rating to a “hold” rating in a research note on Friday, January 4th.

Woori Bank stock traded up $0.37 during trading hours on Tuesday, reaching $40.34. The stock had a trading volume of 5,912 shares, compared to its average volume of 11,550. The firm has a market cap of $9.05 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 0.84 and a beta of 0.83. Woori Bank has a 52 week low of $38.29 and a 52 week high of $49.04. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.72.

Woori Bank (NYSE:WF) last announced its quarterly earnings results on Friday, November 16th. The bank reported $2.25 earnings per share (EPS) for the quarter. The business had revenue of $1.52 billion for the quarter. Woori Bank had a net margin of 19.63% and a return on equity of 9.67%. As a group, sell-side analysts expect that Woori Bank will post 8.38 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Quadrant Capital Group LLC raised its position in shares of Woori Bank by 7,032.5% in the 4th quarter. Quadrant Capital Group LLC now owns 8,131 shares of the bank’s stock valued at $338,000 after purchasing an additional 8,017 shares in the last quarter. Morgan Stanley raised its position in shares of Woori Bank by 6.4% during the 3rd quarter. Morgan Stanley now owns 105,860 shares of the bank’s stock valued at $4,799,000 after acquiring an additional 6,326 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Woori Bank by 5.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 51,965 shares of the bank’s stock valued at $2,355,000 after acquiring an additional 2,902 shares in the last quarter. Wetherby Asset Management Inc. raised its position in shares of Woori Bank by 19.7% during the 3rd quarter. Wetherby Asset Management Inc. now owns 12,676 shares of the bank’s stock valued at $574,000 after acquiring an additional 2,085 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Woori Bank by 2,060.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,056 shares of the bank’s stock worth $230,000 after buying an additional 4,822 shares during the last quarter. 0.56% of the stock is owned by institutional investors and hedge funds.

About Woori Bank

Woori Bank engages in the provision of personal and commercial banking services. It operates through the following segments: Consumer Banking, Corporate Banking, Investment Banking, Capital Markets, Credit Cards, and Other Operations. The Consumer Banking segment consists of lending to and taking deposits from its retail customers.

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