US Bancorp (USB) received a Hold rating and a $55 price target from Merrill Lynch analyst Erika Najarian today. The company’s shares closed yesterday at $54.22, close to its 52-week high of $55.56.
According to TipRanks.com, Najarian is a 3-star analyst with an average return of 2.1% and a 49.0% success rate. Najarian covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Citizens Financial, and Regions Financial.
US Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $56, representing a 3.3% upside. In a report issued on July 12, Citigroup also maintained a Hold rating on the stock with a $54 price target.
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The company has a one-year high of $55.56 and a one-year low of $43.14. Currently, US Bancorp has an average volume of 5.19M.
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Operates as bank holding company with interest in providing commercial banking services
