UBS Reiterates a 'Buy' on Wintrust Financial (WTFC)

UBS reiterates a 'Buy' on Wintrust Financial (NASDAQ: WTFC) price target of $42.00 (from $41.00).

Analyst, Stephen Scinicariello, said, "We hosted the management team of WTFC at our UBS Financial Services Mini-Conference in Chicago including President & CEO Ed Wehmer and EVP & Chief Credit Officer Richard Murphy. Overall, share opportunities remain abundant within the Chicago market and our confidence level in management’s ability to execute has been enhanced."

"WTFC is currently trading at 1.3X TBV, 17.5X ‘12E EPS, and 14X ‘13E EPS. Significant earnings levers exist in the form of deploying excess liquidity and capital into acquisitions and organic growth.

For an analyst ratings summary and ratings history on Wintrust Financial click here. For more ratings news on Wintrust Financial click here.

Shares of Wintrust Financial closed at $36.93 yesterday.

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