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US Bancorp (USB) Gets a Hold Rating from Robert W. Baird

In a report issued on January 19, David George from Robert W. Baird maintained a Hold rating on US Bancorp (USBResearch Report), with a price target of $55.00. The company’s shares closed last Thursday at $59.21.

According to TipRanks.com, George is a 5-star analyst with an average return of 13.9% and a 74.2% success rate. George covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Huntington Bancshares.

US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $65.27, a 9.4% upside from current levels. In a report issued on January 19, KBW also downgraded the stock to Hold with a $64.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on US Bancorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.66 billion and net profit of $1.67 billion. In comparison, last year the company earned revenue of $5.73 billion and had a net profit of $1.52 billion.

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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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