Zacks Rating on Wells Fargo & Company (WFC)

Wells Fargo & Company (WFC) : The consensus on Wells Fargo & Company (WFC) based on 23 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Wells Fargo & Company (WFC) : 17 Wall Street analysts covering Wells Fargo & Company (WFC) believe that the average level the stock could reach for the short term is $54.59. The maximum price target given is $64 and the minimum target for short term is around $45, hence the standard deviation is calculated at $6.06.


Wells Fargo & Company has dropped 0.06% in the last five trading days, however, the shares have posted positive gains of 1.41% in the last 4 weeks. Wells Fargo & Company has dropped 0.82% during the last 3-month period . Year-to-Date the stock performance stands at -8.84%. Wells Fargo & Company (NYSE:WFC): On Tuesdays trading session , Opening price of the stock was $48.64 with an intraday high of $48.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.39. However, the stock managed to close at $48.41, a loss of 0.45% for the day. On the previous day, the stock had closed at $48.63. The total traded volume of the day was 15,430,142 shares.

Wells Fargo & Company is a financial services and bank holding company. The Companys segments are Community Banking, Wholesale Banking, and Wealth and Brokerage and Retirement. The Companys Community Banking segment offers a range of financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. The Community Banking segments products include investment, insurance and trust services, and mortgage and home equity loans. The Community Banking segments products and business segments include middle market commercial banking, government and institutional banking, corporate banking and commercial real estate, among others. The Companys Wholesale Banking segment provides a range of financial solutions to businesses across the United States and around the world. The Wealth and Brokerage and Retirement segment provides a range of financial advisory services.

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