Wells Fargo & Company with ticker code (WFC) now have 26 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 70 and 30 calculating the mean target price we have 57.21. Given that the stocks previous close was at 56 this would indicate that there is a potential upside of 2.2%. The 50 day MA is 50.36 and the 200 moving average now moves to 47.16. The company has a market capitalisation of $231,499m. You can visit the company’s website by visiting: https://www.wellsfargo.com
The potential market cap would be $236,501m based on the market concensus.
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.
