tiprankstipranks
In this article:
Blurbs

Wells Fargo (WFC) Receives a Hold from RBC Capital

In this article:
In this article:

RBC Capital analyst Gerard Cassidy maintained a Hold rating on Wells Fargo (WFCResearch Report) on April 4 and set a price target of $55.00. The company’s shares closed last Tuesday at $48.12.

According to TipRanks.com, Cassidy is a top 25 analyst with an average return of 26.7% and a 73.6% success rate. Cassidy covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Goldman Sachs Group, and Fifth Third Bancorp.

Currently, the analyst consensus on Wells Fargo is a Moderate Buy with an average price target of $62.25.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $60.30 and a one-year low of $39.06. Currently, Wells Fargo has an average volume of 32.53M.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WFC in relation to earlier this year.

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.

Founded in 1852, California-based Wells Fargo & Co. is a diversified financial services company, which is engaged in banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.

Read More on WFC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed