Wedbush Maintains a Hold Rating on US Bancorp (USB)

In a report released today, Peter Winter from Wedbush maintained a Hold rating on US Bancorp (USBResearch Report), with a price target of $63.00. The company’s shares closed last Thursday at $52.71.

According to, Winter is a 3-star analyst with an average return of 4.3% and a 41.5% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares.

US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $62.25, representing a 19.9% upside. In a report issued on April 8, UBS also downgraded the stock to Hold with a $56.00 price target.

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The company has a one-year high of $63.57 and a one-year low of $50.53. Currently, US Bancorp has an average volume of 8.06M.

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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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