Wells Fargo & Company found using ticker (WFC) now have 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 72 and 54 with the average target price sitting at 63.01. With the stocks previous close at 52.71 this now indicates there is a potential upside of 19.5%. The 50 day MA is 53.75 and the 200 day MA is 48.88. The market capitalisation for the company is $206,406m. Company Website: https://www.wellsfargo.com
The potential market cap would be $246,739m based on the market concensus.
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services to clients. It also delivers financial planning, private banking, credit, and fiduciary services to high-net worth and ultra-high-net worth individuals and families. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
