Smarter Analyst

UBS Sticks to Their Hold Rating for US Bancorp (USB)

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.

See today’s analyst top recommended stocks >>

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.

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.

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.