### Category Tonsall25071

2 brokerages have issued 1 year target prices for Washington Trust Bancorp's stock. Their forecasts range from \$53.00 to \$55.00. On average, they expect Washington Trust Bancorp's stock price to reach \$54.00 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price.

When a stock investor sells a losing security in order to claim a capital loss and then turns around and purchases the same security (or a "substantially identical security") he's made a "wash A wash sale is the sale of a security (such as a stock or a bond) at a loss followed by the repurchase of the same security, or one that's substantially identical, within 30 days of the sale. The wash-sale rule was designed to discourage people from selling securities at a loss simply to claim a tax benefit. A wash sale occurs when you sell a security at a loss and then purchase that same security or “substantially identical” securities within 30 days (before or after the sale date). A wash sale is when an investment is sold at a loss and the same or a "substantially identical" investment is purchased either 30 calendar days before or after the sale. The holding period of the

## 2 days ago A wash sale occurs when an investor sells or trades a security at a For example, you buy 100 shares of XYZ tech stock on November 1 for

1 May 2019 Wash sales are a method investors employ to try and recognize a tax the common stock, and trades at a price close to the conversion ratio. He purchased 50 shares of XYZ stock on August 15 when the stock was trading at \$6 per share. August 15 is within the 61-day period, so Joe's \$250 loss was a  22 Dec 2019 Consider this: what if you buy the same stock multiple times, you then sell all shares with an overall profit but you lost money on some of the  17 Nov 2017 One year later, the stock starts dropping, so you sell your 100 shares for \$8 per share—a \$200 loss. Three weeks later, XYZ is trading at \$6 per