Is it smart to invest in Wells Fargo?

Is it smart to invest in Wells Fargo?

Currently, Wells Fargo is a risky investment. Investors should wait for better opportunities until Wells Fargo becomes a promising stock. Once you have a suitable entry point, you can buy your shares. However, keep Wells Fargo on your watchlist as it is expected to become stable in the coming year.

Is Wells Fargo good for stocks?

Wells Fargo currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

What is the target price for Wells Fargo stock?

Stock Price Forecast The 24 analysts offering 12-month price forecasts for Wells Fargo & Co have a median target of 65.00, with a high estimate of 72.00 and a low estimate of 54.00. The median estimate represents a +23.64% increase from the last price of 52.57.

Is Wells Fargo a buy sell or hold?

Wells Fargo & Company has received a consensus rating of Buy. The company’s average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.

Is Wells Fargo a buy 2021?

According to S&P Global Market Intelligence, 11 analysts say Wells Fargo is a Strong Buy and five call it a Buy. This compares to 11 Holds and not a single Sell or Strong Sell.

Why is Wells Fargo stock going up?

What happened. Shares of Wells Fargo (NYSE:WFC) traded more than 11% higher for the week as of 12:37 p.m. ET on Thursday, as the company benefited from bullish sentiment on Wall Street and rising long-term rates.

What is Goldman Sachs target price?

Stock Price Targets

High $546.00
Median $427.50
Low $355.00
Average $434.50
Current Price $336.23

What do the analysts think of the Morgan Stanley stock?

According to analysts, Morgan Stanley’s stock has a predicted upside of 8.83% based on their 12-month price targets.

Is Citibank a buy?

All in all, Citigroup stock is worth a buy since it has been doing well lately. The metrics also show the bank’s potential to perform even better next year. If the further exits and sales of the international markets go well, the bank’s stock will certainly do well too.

Is Wells Fargo a risky stock?

Wells Fargo & Company shows a Risk Score of 6.00. 0 corresponds to a very high risk and 10 corresponds to a very low risk.”…International Peers – Wells Fargo & Company.

Company Name JPMorgan Chase & Co.
Ctry USA
Market Cap. last (mUSD) 454 875
Beta 1-Year 1.20