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Wells Fargo & Company found using ticker (WFC) now has 25 analysts covering the stock with a consensus offering a Buy rating. The range between the high price target and the low price target is between 65 and 44.5 and has an average target of 52.96. Given that the stock’s previous close was 43.65, this now indicates a potential upside of 21.3%. The 50-day moving average is now 43.38, while the 200-day moving average is 46.37. The company’s market capitalization is $170,148 million. You can visit the company’s website by visiting: https://www.wellsfargo.com
The potential market cap would be $206,438 million based on the market consensus.
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Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage and consumer and commercial financial products and services in the United States and internationally. It operates in four segments: Consumer Banking and Lending; Commercial banking; Corporate and investment banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers a variety of 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 and some public companies. Its products and services include banking and credit products in various industrial sectors and municipalities, secured credit and leasing 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 include corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, and sales, trading and research capabilities. The Wealth and Investment Management segment provides customized wealth management, brokerage, financial planning, lending, private banking and trust and fiduciary products and services to high and ultra-high net worth clients. It also works through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
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