Zacks Investment Research downgraded U.S. Bancorp (NYSE:USB) to Sell in a report released today.
- Updated: September 19, 2016
Showing a price of $42.98, U.S. Bancorp (NYSE:USB) traded 1.13% higher on the day. The last stock close is up 3.26% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. USB has logged a 50-day moving average of $43.06 and 200-day average of $41.72. 1,729,481 shares of USB traded hands, down from ann avg. volume of 6,360,880
Zacks Investment Research has downgraded U.S. Bancorp(NYSE:USB) to Sell in a report released Monday September 19 2016.
See Graphic Below:
Also covering U.S. Bancorp’s target price, a total of 27 brokers have issued a ratings update on the stock. The 12-month target stock price is $45.63 with four firms rating the company a strong buy, 10 analysts rating the company a buy, 18 firms rating the stock a hold, one brokerage rating the stock to underperform, and lastly 0 firms rating the stock as sell.
U.S. Bancorp has a one-year low of $37.07 and a one-year high of $44.58 with a PE ratio of 14 and has a total market value of $0.0.
Brief Synopsis On 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, and savings accounts and time certificate contracts.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.