Jefferies Group upgraded U.S. Bancorp (NYSE:USB) to Buy in a report released today.
- Updated: November 28, 2016
Yesterday U.S. Bancorp (NYSE:USB) traded -0.45% lower at $49.42. U.S. Bancorp’s 50-day average is $45.49 and its two hundred day average is $43.03. With the last stock price up 14.33% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was down over the average, with 2,750,162 shares of USB changing hands under the typical 7,616,580
Jefferies Group has upgraded U.S. Bancorp (NYSE:USB) to Buy in a report released on Monday November 28, 2016.
With a total market value of $0, U.S. Bancorp has price-earnings ratio of 15.57 with a one year low of $37.07 and a one year high of $49.57 .
A total of 27 equity analysts have released a ratings update on USB. Four equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, eighteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $45.63.
More About U.S. Bancorp (NYSE:USB)
U.S. Bancorp is a multi-state financial services holding company. The Company's banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. It provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATMs) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its lending services include traditional credit products, as well as credit card services, leasing financing and import/export trade, asset-backed lending and agricultural finance. Its depository services include checking accounts, savings accounts and time certificate contracts.
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