Analyst Ratings for Wells Fargo & Co. (WFC)Updated: 2017-07-27
Shares of Wells Fargo & Co. (NYSE:WFC) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, WFC was issued an average rating of Overweight.
31 analysts issued ratings on the stock, where 12 gave WFC a buy rating, 1 gave an overweight rating, 13 issued a hold rating, 1 issued an underweight rating, and 4 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
WFC was given price targets by several analysts. The most optimistic price target was 67, implying potential capital gains of 22.46 percent. The minimum price target given was 35, implying potential capital losses of -36.03 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.48 percent. That number becomes -2.33 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.36 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.71 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 7 analysts revised their estimates downwards. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 7 analysts decreased their estimates.
WFC has an estimated earnings growth rate of 2.2 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. WFC has a PEG ratio of 6.13.
WFC has traded between a high of 59.99 and a low of 43.55 over the past year. Today's price is 25.63 percent above the 52-week low, and 8.8 percent below the high. WFC has a price/earnings ratio of 13.48. Investors typically compare the P/E ratio to a company's peers in the industry. The WFC value stock report compares WFC to some of its peers using value stock charts. The market cap of WFC is $272.74 billion. WFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.