Wells Fargo (NYSE:WFC) analyst Mike Mayo maintained a Buy rating on US Bancorp (NYSE:USB) on Monday, setting a price target of $72, which is approximately 17.17% above the present share price of $61.45.
Mayo expects US Bancorp to post earnings per share (EPS) of $1.29 for the fourth quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in US Bancorp, with an average price target of $64.55.
The analysts price targets range from a high of $72 to a low of $55.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $5.76 billion and a net profit of $0. The company's market cap is $91.11 billion.
According to TipRanks.com, Wells Fargo analyst Mike Mayo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 68.10% success rate.
Minnesota-based U.S. Bancorp is a financial services holding company and offers services including lending and depository services, cash management, foreign exchange and trust and investment management. It also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services.