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Wells Fargo & Co has a consensus price target of $62.9 based on the ratings of 22 analysts. The high is $82 issued by Citigroup on November 19, 2024. The low is $48.8 issued by Odeon Capital on January 18, 2024. The 3 most-recent analyst ratings were released by Citigroup, Evercore ISI Group, and Compass Point on November 19, 2024, October 30, 2024, and October 15, 2024, respectively. With an average price target of $73 between Citigroup, Evercore ISI Group, and Compass Point, there's an implied -2.18% downside for Wells Fargo & Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Wells Fargo (NYSE:WFC) was reported by Citigroup on November 19, 2024. The analyst firm set a price target for $82.00 expecting WFC to rise to within 12 months (a possible 9.88% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Wells Fargo (NYSE:WFC) was provided by Citigroup, and Wells Fargo maintained their neutral rating.
The last upgrade for Wells Fargo & Co happened on October 15, 2024 when Phillip Securities raised their price target to $65. Phillip Securities previously had a neutral for Wells Fargo & Co.
The last downgrade for Wells Fargo & Co happened on April 9, 2024 when Compass Point changed their price target from $64 to $64 for Wells Fargo & Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wells Fargo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wells Fargo was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest Wells Fargo (WFC) rating was a maintained with a price target of $67.00 to $82.00. The current price Wells Fargo (WFC) is trading at is $74.63, which is within the analyst’s predicted range.
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