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 analyst gave a price target of 67, implying potential capital gains of 22.46 percent. The most pessimistic price target was 35, implying potential capital losses of -36.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.36 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.71 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of WFC is 6.13.
In the last 52-weeks, WFC has achieved a high of 59.99 and a low of 43.55. The current market price is above the trailing year's low by 25.63 percent, 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 stock has a market capitalization of $272.74 billion. WFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.