Macquarie Sticks to Their Hold Rating for Wells Fargo (WFC)


In a report released today, David Konrad from Macquarie maintained a Hold rating on Wells Fargo (NYSE: WFC), with a price target of $62. The company’s shares closed on Friday at $54.73.

According to TipRanks.com, Konrad is ranked #920 out of 4876 analysts.

Wells Fargo has an analyst consensus of Hold, with a price target consensus of $61.56.

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Wells Fargo’s market cap is currently $265.4B and has a P/E ratio of 13.89. The company has a Price to Book ratio of 1.48.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.

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.

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