Wells Fargo & Company – Consensus Indicates Potential 13.9% Upside

Wells Fargo & Company with ticker code (WFC) now have 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 72 and 54 with a mean TP of 62.84. Now with the previous closing price of 55.17 this would indicate that there is a potential upside of 13.9%. The 50 day MA is 51.58 and the 200 day moving average is 48.09. The company has a market capitalisation of $223,489m. Find out more information at: https://www.wellsfargo.com

The potential market cap would be $254,560m based on the market concensus.

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services to clients. It also delivers financial planning, private banking, credit, and fiduciary services to high-net worth and ultra-high-net worth individuals and families. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.