U.S. Bancorp which can be found using ticker (USB) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 77 and 44 suggesting an average Analsyt target price of $55.00. Now with the previous closing price of $40.62 this now indicates there is a potential upside of 35.4%. Also worth taking note is the 50 day moving average now sits at $47.03 and the 200 moving average now moves to $45.73. The market cap for the company is $55,972m. Visit the company website at: https://www.usbank.com
The potential market cap would be $75,786m based on the market concensus.
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, including checking accounts, savings accounts, and time certificate contracts; lending services, such as traditional credit products; and credit card services, lease financing and import/export trade, asset-backed lending, agricultural finance, and other products. In addition, it provides ancillary services comprising capital markets, treasury management, and receivable lock-box collection services to corporate and governmental entity customers. Further, the company offers asset management and fiduciary services for individuals, estates, foundations, business corporations, and charitable organizations. Additionally, it provides investment and insurance products to its customers principally within its markets, as well as fund administration services to mutual and other funds. Furthermore, the company provides corporate and purchasing card, and corporate trust services. The company offers merchant processing, investment management, ATM processing, mortgage banking, insurance, and brokerage and leasing services. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.
The company has a dividend yield of 4.54% with the ex dividend date set at 29-12-2022 (DMY).
Other points of data to note are a P/E ratio of 11.45, revenue per share of 14.87 and a 0.94% return on assets.