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Wells Fargo & Co has a consensus price target of $59.44 based on the ratings of 22 analysts. The high is $68 issued by Morgan Stanley on July 30, 2024. The low is $42 issued by RBC Capital on June 14, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Evercore ISI Group, and Deutsche Bank on September 11, 2024, September 6, 2024, and September 3, 2024, respectively. With an average price target of $65 between Goldman Sachs, Evercore ISI Group, and Deutsche Bank, there's an implied 18.00% upside for Wells Fargo & Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Wells Fargo (NYSE:WFC) was reported by Goldman Sachs on September 11, 2024. The analyst firm set a price target for $65.00 expecting WFC to rise to within 12 months (a possible 18.00% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Wells Fargo (NYSE:WFC) was provided by Goldman Sachs, and Wells Fargo maintained their buy rating.
The last upgrade for Wells Fargo & Co happened on September 3, 2024 when Deutsche Bank raised their price target to $65. Deutsche Bank previously had a hold for Wells Fargo & Co.
The last downgrade for Wells Fargo & Co happened on April 9, 2024 when Compass Point changed their price target from $64 to $64 for Wells Fargo & Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wells Fargo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wells Fargo was filed on September 11, 2024 so you should expect the next rating to be made available sometime around September 11, 2025.
While ratings are subjective and will change, the latest Wells Fargo (WFC) rating was a maintained with a price target of $68.00 to $65.00. The current price Wells Fargo (WFC) is trading at is $55.09, which is out of the analyst’s predicted range.
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