Wells Fargo & Company: The Winning Streak Continues

Wells Fargo & Company WFC traded today at a new 12-month high of $53.66. This new high was reached on below-average trading volume as 6.9 million shares traded hands, while the average 30-day volume is approximately 25.9 million shares.

In the past 12 months, Wells Fargo & Company share prices are bracketed by a low of $29.68 and a high of $53.66 and are now at $52.89, 78% above that low price.

Wells Fargo & Company defies analysts with a current price ($52.89) 92.1% above its average consensus price target of $4.18.

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content was purely for informational purposes only and not intended to be investing advice.

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