In a report issued on May 9, Peter Winter from Wedbush maintained a Hold rating on US Bancorp (USB – Research Report), with a price target of $60.00. The company’s shares closed last Monday at $48.27, close to its 52-week low of $47.68.
According to TipRanks.com, Winter is a 3-star analyst with an average return of 1.7% and a 37.1% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Prosperity Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Bancorp with a $59.85 average price target, implying a 23.2% upside from current levels. In a report issued on May 5, Robert W. Baird also maintained a Hold rating on the stock with a $58.00 price target.
The company has a one-year high of $63.57 and a one-year low of $47.68. Currently, US Bancorp has an average volume of 7.87M.
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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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