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 Commercial Banking segment offers commercial deposit products, commercial real estate lending, middle market and business banking, equipment financing, mortgage warehouse and asset-based lending, treasury management services, and capital market capabilities. 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 and investment advisory, investment management, life insurance, financial management and planning, and non-institutional trust services. In addition, the company offers cash management, municipal banking, online banking, investment trading, and telephone banking services. It operates through a network of 417 branches in Connecticut, southeastern New York, Massachusetts, Vermont, Maine, and New Hampshire, as well as 631 ATMs. The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.
IPO Year:
Exchange: NASDAQ
Website: peoples.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/4/2022 | $18.00 → $17.00 | Equal-Weight | Wells Fargo |
| 12/6/2021 | $21.00 → $22.75 | Equal-Weight | Morgan Stanley |
| 10/7/2021 | $17.14 → $18.00 | Equal-Weight | Wells Fargo |
| 8/2/2021 | $21.00 → $20.50 | Equal-Weight | Morgan Stanley |
Wells Fargo reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $17.00 from $18.00 previously
Morgan Stanley reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $22.75 from $21.00 previously
Wells Fargo reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $18.00 from $17.15 previously
Morgan Stanley reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $20.50 from $21.00 previously
Morgan Stanley reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $21.00 from $20.50 previously
Seaport Global Securities downgraded People's United Financial from Buy to Neutral
Morgan Stanley reiterated coverage of People's United Finl with a rating of Equal-Weight and set a new price target of $20.50 from $19.75 previously
Morgan Stanley reiterated coverage of People's United Financial with a rating of Equal Weight and set a new price target of $19.75 from $16.25 previously
Jefferies downgraded People's United Financial from Buy to Hold and set a new price target of $18.00
Morgan Stanley reiterated coverage of People's United Financial with a rating of Equal Weight and set a new price target of $19.75 from $16.25 previously