In a report issued on January 20, Ken Usdin from Jefferies maintained a Buy rating on US Bancorp (USB – Research Report), with a price target of $66.00. The company’s shares closed last Monday at $59.58.
According to TipRanks.com, Usdin is a top 25 analyst with an average return of 25.2% and a 77.7% success rate. Usdin covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, People’s United Financial, and Texas Capital Bancshares.
US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $65.07, which is an 9.0% upside from current levels. In a report issued on January 21, RBC Capital also maintained a Buy rating on the stock with a $66.00 price target.
US Bancorp’s market cap is currently $88.42B and has a P/E ratio of 11.68.
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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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