In a report released today, Saul Martinez from UBS maintained a Hold rating on US Bancorp (USB), with a price target of $56.00. The company’s shares closed last Monday at $52.96.
According to TipRanks.com, Martinez is a 2-star analyst with an average return of -0.6% and a 53.3% success rate. Martinez covers the Financial sector, focusing on stocks such as Citizens Financial, SunTrust Banks, and PNC Financial.
Currently, the analyst consensus on US Bancorp is a Hold with an average price target of $55.70.
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Based on US Bancorp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $6.23 billion and net profit of $1.81 billion. In comparison, last year the company earned revenue of $6.59 billion and had a net profit of $1.81 billion.
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U.S. Bancorp operates as a bank holding company. It offers financial services, including lending and depository services, cash management, foreign exchange and trust and investment management.
