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.

Investment analysts gave a few price targets for WFC. The most optimistic price target was 67, implying a possible profit of 22.46 percent. The most pessimistic price target was 35, implying potential capital losses of -36.03 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.48 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.33 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.36 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.71 percent.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 7 analysts that decreased their estimates. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 7 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WFC to grow at a rate of 2.2 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WFC is 6.13.

WFC has traded between a high of 59.99 and a low of 43.55 over the past year. The current market price is above the trailing year's low by 25.63 percent, and 8.8 percent lower than its 52-week high. WFC has a P/E 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.