Wells Fargo & Company (NYSE:WFC) has obtained a mean price target of $54.800 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $1.040 a share for the near-term quarter and $4.100 for this year. Technical View The technical analysis of Wells Fargo & Company Common St clearly shows that the moving average of 50-days of Wells Fargo & Company (NYSE:WFC) stock is $48.963, and stock is trading -1.878 or -3.835% off from $48.963. Coming to moving average of 200-days, it is $49.730, and the stock is $-2.645 or -5.318% off from this point. The 52-week high of Wells Fargo & Company (NYSE:WFC) was $58.770 while $44.500 is the low in the same period. This state Wells Fargo & Company Common St shares price has to travel more than $-11.685 to register a new high of 52-weeks or drop $+5.809% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Wells Fargo & Company Common St, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Wells Fargo & Company (NYSE:WFC) ratio came in at 11.569, which was derived by dividing current price of stock by yearly earnings. Wells Fargo & Company Common St stock recorded a close of $47.085 in last trading session, reaching a market cap of $239.05B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Wells Fargo & Company (NYSE:WFC) PEG ratio is at 1.230.
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