Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Wells Fargo (WFC), Goldman Sachs Group Inc (GS) and SunTrust Banks (STI).
Wells Fargo (WFC)
In a report issued on December 11, Melissa Roberts from KBW reiterated a Buy rating on Wells Fargo, with a price target of $60. The company’s shares closed yesterday at $47.74, close to its 52-week low of $46.85.
According to TipRanks.com, Roberts is a 4-star analyst with an average return of 9.3% and a 51.3% success rate. Roberts covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, First Bancorp Puerto Rico, and Huntington Bancshares Inc.
Wells Fargo has an analyst consensus of Moderate Buy, with a price target consensus of $62.92, implying a 31.8% upside from current levels. In a report issued on December 7, Robert W. Baird also reiterated a Buy rating on the stock with a $62 price target.
.
See today’s analyst top recommended stocks >>
Goldman Sachs Group Inc (GS)
KBW analyst Brian Kleinhanzl reiterated a Hold rating on Goldman Sachs Group Inc on December 11 and set a price target of $205. The company’s shares closed yesterday at $176.70, close to its 52-week low of $174.68.
According to TipRanks.com, Kleinhanzl is a 3-star analyst with an average return of 2.0% and a 42.4% success rate. Kleinhanzl covers the Financial sector, focusing on stocks such as State Street Corp, Bank of America, and JP Morgan Chase.
Goldman Sachs Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of $260.88, implying a 47.6% upside from current levels. In a report issued on November 30, Merrill Lynch also downgraded the stock to Hold with a $225 price target.
.
SunTrust Banks (STI)
KBW analyst Brian Klock reiterated a Buy rating on SunTrust Banks on December 11 and set a price target of $69. The company’s shares closed yesterday at $54.63, close to its 52-week low of $53.90.
According to TipRanks.com, Klock is a 4-star analyst with an average return of 9.7% and a 55.0% success rate. Klock covers the Financial sector, focusing on stocks such as Comerica Inc, M&T Bank, and KeyCorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SunTrust Banks with a $73.89 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
