Evercore ISI analyst John Pancari maintained a Buy rating on Wells Fargo (NYSE:WFC) on Friday, setting a price target of $54, which is approximately 11.62% above the present share price of $48.38.
Pancari expects Wells Fargo to post earnings per share (EPS) of $1.39 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Wells Fargo, with an average price target of $52.
The analysts price targets range from a high of $57 to a low of $46.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $20.27 billion and a net profit of $0. The company's market cap is $198.67 billion.
According to TipRanks.com, Evercore ISI analyst John Pancari is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.5% and a 76.19% success rate.
Founded in 1852, California-based Wells Fargo & Co. is a diversified financial services company, which is engaged in banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.