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Wells Fargo & Company found using ticker (WFC) now has 24 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 with an average TP of 52.85. Now with the previous closing price of 43.38 this would mean it has a potential upside of 21.8%. The 50-day moving average is now 42.82, while the 200-day moving average is 47.44. The company has a market capitalization of $162.646 million. Visit the company’s website at: https://www.wellsfargo.com
The potential market cap would be $198.152 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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