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Investor Insights

This summary was created by AI, based on 9 opinions in the last 12 months.

The reviews on Wells Fargo indicate a mixed sentiment from experts. While some see potential in the company's focus on cost-cutting and technology improvement, others are concerned about the lingering legacy tarnish on management and ethical problems. The earnings reports and regulatory environment are also causing some concern among the experts. Overall, there seems to be a cautious optimism about the company's future.

Consensus
Mixed
Valuation
Undervalued
Similar
JPMorgan, JPM-N
DON'T BUY
Wells Fargo

One of largest community banks in USA. Recent earnings came in as expected. If interest rates fall - will be good for business. Long term, not expecting large growth. Is difficult to grow business in very competitive banking market. Would not recommend buying at this time. 

banks
WATCH
Wells Fargo

All the banks report Friday. It won't be good for the market if the Fed slashes interest rates. Wells benefits if rates stay higher for longer.

banks
BUY
Wells Fargo

Wells trades at 1.3x book value, but at low 10x PE. Just suffered two downgrades, which he disagrees with. Management is highly focused on cutting costs, improving new technology, and they're getting away from their problematic past. He likes it that WFC is out of favour, because it's an opportunity.

banks
DON'T BUY
Wells Fargo

Legacy tarnish on management. There's such choice in the space, why would he pick one with management missteps? He likes the true blue of JPM, BAC, and MS.

banks
DON'T BUY
Wells Fargo

Better options in banking sector (JP Morgan/Bank of America). If suffered losses, can sell and move on. Outlook for business not as good as other names. Not as well managed. 

banks
SELL
Wells Fargo
Sell the loss, even though in an RRSP?

Lots of ethical problems, under strict regulatory scrutiny, which holds back earnings and dividend growth. She got out when those problems started, not tempted to return. Sell, and look to JPM or MDLZ.

banks
BUY
Wells Fargo

The CEO has steered a great turnaround their last report was great. He just added more shares. Banks are slumping, but they're slumping as a group. Don't give up on them.

banks
COMMENT
Wells Fargo

The stock fell given misleading clients, but that's in the past. A different company now. A cheap stock and expects good earnings to come. A large money center bank now, but lacks the scale to compete with peers like JPM or BAC, both of which he prefers.

banks
COMMENT
Wells Fargo

Bank earnings start on Friday, and he expects a good report, but the market will yawn.

banks
DON'T BUY
Wells Fargo

Banks reported their Q2 today, but the reaction to Wells is so-so, muted. Office real estate is weak and the CEO talking about the regulatory environment tightening--you must be concerned about these.

banks
BUY
Wells Fargo

She bought more today upon WF's positive quarter. WF reiterated their net interest income, but that doesn't look as positive as JPM's comments today, so it's silly the market is reacting this way. 17% total revenue growth and 45% net interest income up 45% YOY. All capital levels are good and reinstated share buybacks. EPS and revenue beats. None-interest income is -13% YOY. Trades at 0.9x book, better than JPM's.

banks
BUY
Wells Fargo
The U.S. banks report next Friday

He expects a strong report. They had a nice upgrade today. Good loan loss reserves and they have a safe bond portfolio.

banks
PAST TOP PICK
Wells Fargo
(A Top Pick Apr 01/21, Down 21%)

Financial sector seeing pressure since Silicon Valley Bank collapse.
Trading at discount to book value.
Will continue to own shares and has been buying more.
~3.2% dividend yield with a 7-8x P/E ration.
Very diversified business operations with many revenue streams.

banks
COMMENT
Wells Fargo

He prefers the large central banks. He feels that depositors will pull money out of regional banks and place it in the large mega banks even at lower rates.. This could lead to more centralization of the banks in the U.S.

banks
DON'T BUY
Wells Fargo

Still working out regulatory issues on selling practices.
Constrained on how fast can grow balance sheet.
Would prefer shares in JP Morgan.
Would look elsewhere in the sector.

banks
Showing 1 to 15 of 342 entries

Wells Fargo(WFC-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 7

Stockchase rating for Wells Fargo is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Wells Fargo(WFC-N) Frequently Asked Questions

What is Wells Fargo stock symbol?

Wells Fargo is a American stock, trading under the symbol WFC-N on the New York Stock Exchange (WFC). It is usually referred to as NYSE:WFC or WFC-N

Is Wells Fargo a buy or a sell?

In the last year, 7 stock analysts published opinions about WFC-N. 2 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wells Fargo.

Is Wells Fargo a good investment or a top pick?

Wells Fargo was recommended as a Top Pick by on . Read the latest stock experts ratings for Wells Fargo.

Why is Wells Fargo stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Wells Fargo worth watching?

7 stock analysts on Stockchase covered Wells Fargo In the last year. It is a trending stock that is worth watching.

What is Wells Fargo stock price?

On 2024-05-23, Wells Fargo (WFC-N) stock closed at a price of $59.68.