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.

Several price targets were given for WFC by the analysts covering the stock. The maximum price target given was 67, implying potential capital gains of 22.46 percent. The most pessimistic analyst gave a price target of 35, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is -2.33 percent. 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, which can be compared to the 7 analysts that decreased their estimates. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 25.63 percent higher than its low, and below the high by 8.8 percent. 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 will post this quarters earnings in days, on 0000-00-00.