Robert W. Baird announced Wells Fargo & Co (NYSE:WFC), boosting its stock price target to $50.00 today
- Updated: September 18, 2016
Displaying a price of $45.43, Wells Fargo & Co (NYSE:WFC) traded 1.56% lower on the day. The last close is down 6.78% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. Wells Fargo & Co has registered a 50-day moving average of $48.71 and two hundred day moving average of $48.74. 51,890,208 shares of Wells Fargo & Co were exchanged, up from ann average volume of 19,028,700
Stating a possible upside of 0.10%, Robert W. Baird bumped the target price of Wells Fargo & Co (NYSE:WFC) to $50
Previously on 9/16/2016, Atlantic Securities released a statement for Wells Fargo & Co(NYSE:WFC) lowered the target price from $46.15 to $45.76 that indicated a possible downside of -0.01%.
In addition to Robert W. Baird reporting it’s price target, a total of 29 equity analysts have reported on WFC. The average target stock price is $55.14 with 0 rating the stock a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 firms rating the stock as sell.
Wells Fargo & Co has a P/E of 11 with a 52 week low of $44.50 and a 52 week high of $56.34. The company’s market capitalization is currently $0.0.
General Company Details For Wells Fargo & Co (NYSE:WFC)
Wells Fargo & Company is a bank holding company. The Company is a financial services company, which offers banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage, and consumer and commercial finance. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. Its Community Banking segment offers 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. Its Wholesale Banking segment provides financial solutions to businesses across the United States and globally. Its Wealth and Investment Management segment provides a range of personalized wealth management, investment, and retirement products and services to clients across the United States-based businesses. It operates through over 8, 700 locations and approximately 13, and 000 automated teller machines.
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