Westpac traded at 43.72 this Friday May 15th, increasing 0.49 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, Westpac gained 10.02 percent. Over the last 12 months, its price rose by 27.46 percent. Looking ahead, we forecast Westpac to be priced at 42.91 by the end of this quarter and at 40.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services including consumer, business and institutional banking and wealth management services. Its operations consist of various divisions including Consumer, Business, Westpac Institutional Bank (WIB), Westpac New Zealand and Specialist Businesses. Consumer division provides sale and service to consumer customers in Australia. Business division provides sales and service of banking products for Australian small to medium enterprise and Commercial businesses. WIB delivers a range of financial products and services to corporate, institutional and government customers. Westpac New Zealand provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. Specialist Businesses provides auto finance, Australian life, investment product and services, superannuation and retirement products.