Citigroup Reaffirms Their Hold Rating on US Bancorp (USB)

Citigroup analyst Keith Horowitz maintained a Hold rating on US Bancorp (USBResearch Report) today and set a price target of $54.00. The company’s shares opened today at $48.62.

According to TipRanks, Horowitz is a 4-star analyst with an average return of 10.2% and a 65.63% success rate. Horowitz covers the Financial sector, focusing on stocks such as Wells Fargo, Bank of America, and Truist Financial.

US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $54.77, which is a 12.65% upside from current levels. In a report released today, D.A. Davidson also maintained a Hold rating on the stock with a $50.00 price target.

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The company has a one-year high of $58.08 and a one-year low of $37.96. Currently, US Bancorp has an average volume of 9.96M.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of USB in relation to earlier this year. Last month, Andrew Cecere, the COB, Pres & CEO of USB sold 84,948.00 shares for a total of $3,695,238.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Minnesota-based U.S. Bancorp is a financial services holding company and offers services including lending and depository services, cash management, foreign exchange and trust and investment management. It also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services.

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