On Dec 8, 2018 19.38 % to Target, Wells Fargo (NYSE:WFC) Stock “Neutral” Rating Maintained by Credit Suisse.

Wells Fargo & Company (NYSE:WFC) Corporate Logo

Big Money Sentiment increased to 0.72 in Q2 2018. It has change of 0.13, from 2018Q1’s 0.59. The ratio improved due to Wells Fargo & Company positioning: 69 sold and 705 reduced. 113 funds amassed holdings and 443 increased holdings. Investors holded 3.62 billion in 2018Q1 but now own 3.60 billion shares or 0.58% less.

Bradley Foster Sargent Ct owns 127,575 shs. Verity And Verity Limited Co invested 2.28% of its capital in Wells Fargo & Company (NYSE:WFC). Eaton Vance Mgmt invested in 1.16% or 8.76 million shs. Moreover, First Republic Investment Mngmt has 0.24% invested in Wells Fargo & Company (NYSE:WFC) for 769,437 shs. Td Asset Mgmt Inc stated it has 1.98 million shs or 0.17% of all its holdings. Washington Trust National Bank invested in 44,662 shs. Signalpoint Asset Management Ltd Co stated it has 6,984 shs or 0.18% of all its holdings. Vontobel Asset Mngmt invested in 3.83M shs. Inr Advisory Svcs Limited Liability Co invested in 57 shs. Cambridge has 0.7% invested in Wells Fargo & Company (NYSE:WFC). Apg Asset Nv owns 9.64M shs. Profund Limited Co has 153,151 shs for 0.34% of their capital. 5,850 were reported by Apriem Advsrs. Donaldson Management Ltd Liability Company reported 55,473 shs. 16,641 were reported by Gladius Cap Lp.

Wells Fargo & Company registered $5.87 million net activity with 0 buys and 1 insider sale since August 7, 2018.

Reiterated Wells Fargo (NYSE:WFC) Rating.

In a note issued to investors and clients by Credit Suisse’s professional analysts, Wells Fargo (NYSE:WFC) had it’s stock Rating reiterated to “Neutral”. On Friday, 7 December it has $60 or 19.38 % target that suggests a potential upside move.

Wells Fargo & Company (NYSE:WFC) Ratings Coverage

In total 5 analysts cover Wells Fargo (NYSE:WFC). “Buy” rating has 3, “Sell” are 0, while 2 are “Hold”. 60% are bullish. 8 are the (NYSE:WFC)’s analyst reports since July 2, 2018 according to StockzIntelligence Inc. The stock rating was upgraded by Wood to “Outperform” on Monday, July 16. In Monday, July 2 report Morgan Stanley upgraded it to “Equal-Weight” rating and $62 target. In Monday, October 15 report Nomura maintained the stock with “Buy” rating. The company rating was maintained by BMO Capital Markets on Monday, July 16. On Monday, July 16 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Monday, September 17 the firm has “Neutral” rating given by Macquarie Research. The company rating was upgraded by Macquarie Research on Monday, October 15. On Friday, September 7 the rating was downgraded by Macquarie Research to “Neutral”.

WFC is hitting $50.26 during the last trading session, after decreased 1.62%.Wells Fargo & Company has 28.51 million shares volume, 29.31% up from normal. WFC is uptrending and has moved 8.47% since December 8, 2017. WFC underperformed the S&P 500 by 7.15%.

Wells Fargo & Company (NYSE:WFC) is expected to report earnings on January, 11., Faxor reports. The EPS diference is $0.22 or 22.68 % up from last years number. Previous year: $0.97; Analysts forcast: $1.19. If reported the P/E will be 10.56 with $5.60B profit. After $1.13 EPS was announced previous quarter, analysts now see EPS growth of 5.31 % for Wells Fargo & Company.

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions.The company has $236.59 billion market cap. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans.11.87 is the P/E ratio. The Company’s Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed-income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products.

For more Wells Fargo & Company (NYSE:WFC) news posted briefly go to: Bizjournals.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Businesswire.com. The titles are as follows: “Banking Roundup: Wells Fargo fires district managers over improper sales practices… BofA shakes up management – New York Business Journal” posted on December 05, 2018, “Wells Fargo, BlackRock plaintiffs settle RMBS litigation – Seeking Alpha” on November 12, 2018, “Wells Fargo Preferred Stock Went On Sale – Seeking Alpha” with a publish date: November 09, 2018, “Stock Market Power Rankings: Microsoft Parties Like Its 2002 – The Motley Fool” and the last “Wells Fargo Real Estate Investment Corporation Declares Dividend on Series A Preferred Stock – Business Wire” with publication date: December 07, 2018.

Wells Fargo & Company (NYSE:WFC) Institutional Investors Chart

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