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Washington Banking Company (WBCO) [hlAlert]

up 37.93 %

Washington Banking Company (WBCO) rated Buy with price target $25 by Wunderlich

Posted on: Wednesday,  Dec 4, 2013  8:25 AM ET by Wunderlich

Wunderlich rated Buy Washington Banking Company (NASDAQ: WBCO) on 12/04/2013. Previously Wunderlich rated Buy Washington Banking Company (NASDAQ: WBCO) on 03/24/2010.,
when the stock price was $12.47. Since then, Washington Banking Company has gained 37.93% as of 04/30/2015's recent price of $17.20.
If you would have followed the previous Wunderlich's recommendation on WBCO, you would have gained 37.93% of your investment in 1863 days.

Washington Banking Company is a bank holding company that operates through its principal wholly owned subsidiary, Whidbey Island Bank (the Bank). The Bank is a state-chartered bank that conducts a full-service community commercial banking business. The business of the Bank, which is focused in the northern area of Western Washington, consists primarily of attracting deposits from the general public and originating loans. The Bank also offers non-deposit managed investment products and services. These programs are provided through the investment advisory companies, Elliott Cove Capital Management LLC and DFC Services & DFC Insurance Services. It also offers another non-deposit product, which is a sweep investment option available through a brokerage account. The Company?s primary market area consists of Island, Skagit, Whatcom, Snohomish and San Juan counties in northwest Washington State.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2013 8:25 AM Buy
17.63 25.00
as of 12/13/2013
1 Week down  -2.64 %
1 Month up  3.09 %
3 Months up  22.24 %
1 YTD up  29.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2010 8:25 AM Buy
12.39 16.00
4/26/2010 8:25 AM Buy
14.51 18.00
3/24/2010 8:25 AM Buy
12.47 16.00

(*) Stock Price at the time of the recommendation.
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