PBCT - Shares of People's United Financial Inc. (PBCT) Rise Above Previous 52-Week High
People's United Financial Inc. (NASDAQ:PBCT) traded today at a new 52-week high of $21.97. Approximately 889,000 shares have changed hands today, as compared to an average 30-day volume of 5 million shares.
People's United Financial Inc. (NASDAQ:PBCT) is currently priced 2.7% above its average consensus analyst price target of $21.11.
In the past 52 weeks, shares of People's United Financial Inc. have traded between a low of $15.18 and a high of $21.97 and is now at $21.70, which is 43% above that low price.
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
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