Wells Fargo Got Some Good News


KBW analyst Brian Kleinhanzl upgraded Wells Fargo (NYSE: WFC) to Buy today. The company’s shares closed on Friday at $55.36.

According to TipRanks.com, Kleinhanzl is a 3-star analyst with an average return of 4.9% and a 50.0% success rate. Kleinhanzl covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, State Street Corp, and Northern Trust.

Wells Fargo has an analyst consensus of Moderate Buy, with a price target consensus of $61.83.

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The company has a one-year high of $66.31 and a one-year low of $49.27. Currently, Wells Fargo has an average volume of 18.75M.

Based on the recent corporate insider activity of 54 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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