The leading market experts have placed a mean price target of $53.07 on Wells Fargo & Company (NYSE:WFC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.01 a share for the upcoming quarter and $4.03 for the current fiscal.
The technical analysis of Wells Fargo & Company Common St plainly substantiates that the 50-day moving average of Wells Fargo & Company Common St is $47.74, and stock is trading $0.16 points away or +0.34% from its 50-day moving average of $47.74. Further it is trading $-0.65 or -1.35% away its 200-day moving average of $48.55. Wells Fargo & Company (NYSE:WFC) 52-week high is $57.72 and the 52-week low is $44.50.
This explains if the stock moves $-9.82, it will post a 52-week high. In event of +7.64% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Wells Fargo & Company Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Wells Fargo & Company (NYSE:WFC) ratio came in at 11.83.
The stock last ended the trading session at $47.90 and registered a market cap of $241.68B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Wells Fargo & Company (NYSE:WFC) PEG ratio is at 1.37.
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