In a report issued on January 3, David George from Robert W. Baird maintained a Hold rating on US Bancorp (USB – Research 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, representing a 9.4% upside. In a report issued on January 19, KBW also downgraded the stock to Hold with a $64.00 price target.
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.
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.
Read More on USB:
- Robert W. Baird Believes Citizens Financial (CFG) Still Has Room to Grow
- Truist Financial (TFC) Receives a Hold from Robert W. Baird
- Comerica (CMA) Gets a Hold Rating from Robert W. Baird
- Robert W. Baird Keeps Their Hold Rating on Capital One Financial (COF)
- Robert W. Baird Reaffirms Their Hold Rating on M&T Bank (MTB)