Buy, Sell or Hold: Wells Fargo (WFC-N) — Stock Predictions at Stockchase

NYSE:WFC

43.82

2.15 (5.16%) 1d

Showing 1 to 15 of 314 entries

DON'T BUY

Penalty box from regulators. Better places to be. Struggling, margins and earnings are down, losing key personnel.

banks

TOP PICK

Thinks financial sector is well positioned with rising interest rates. Current share price is presenting buying opportunity. One of the largest banks in the USA. 100% of revenues are derived from USA New leadership that is preforming well. As economy recovers from Covid-19, business will increase. Expects dividend yield to increase along with share buybacks.

banks

WAIT

WFC vs. JPM Neither stands out over the other. JPM is 10x earnings, whereas WFC is 10.7x. Problem is that rising interest rates by themselves don't mean bigger profits. Wants to see stability in the yield curve, as it's flattened quite quickly. Needs to see fund flows get better before buying.

banks

TOP PICK

Balance sheet most leveraged to higher interest rates. Credit quality rising. Reducing inefficiency and still investing in company. Still well priced and with 20% growth rate. Buy 20, Hold 8, Sell 0. (Analysts’ price target is $62.92)

banks

COMMENT

Question about American bank stocks. Be selective and don't buy the ETF. He owned Wells Fargo before but he switched to JPM. There has been negative news. The stock is now looking better and with the positive changes being made it could grow back. Looks undervalued.

banks

HOLD

Believes financial stocks are going to do well with rising interest rates. Hold the stock if you own it.

banks

PAST TOP PICK

(A Top Pick Jan 13/20, Up 68%) 1.3x price to book, discount to peer group. High growing dividend. Recovering economy around the world, lower credit loss provisions, higher interest rates will all help the banking sector. Yield is 1.4%.

banks

BUY on WEAKNESS

Earnings season really begins next Friday. 2022 could be their best year since 2017. It has rallied the past week to a 52-week high, up 1% in the past week, so he doubts it can keep rising. Buy on a pullback.

banks

SHORT

With the yield get back to 4%? He would remain being a seller based on the nefarious things they did a few years ago. There is much better value in its competitors.

banks

BUY

It's the worst of the big banks, but he owns this because it's a turnaround story. It trades cheaply. Shares jumped nearly 7% today. The CEO is turning it around.

banks

BUY on WEAKNESS

They report Thursday. WF numbers won't be as bad as they used to be. The banks have had a huge run-up, but are still behind the overall market's PE. If this gets hit week, he will buy more.

banks

SELL

Low interest rate is challenging. Stock's had a good run. Take profits. Economy slowing. Not right time of the cycle to be aggressive with your bank positions. Their bread and butter is lending, and the Fed has capped their loan book as a penalty. Look elsewhere.

banks

WEAK BUY

A cautious buy, given the regulatory overhang which throws up too much of a grey area.

banks

HOLD

It's the worst among the US banks and he wonders why Warren Buffet held onto this for so long. These days, it's a turnaround story, and he believes in the current CEO. He's bought back a lot of stock and gotten new board members. He expects this to return to the high-$50s. Otherwise, hold on.

banks

DON'T BUY

In the penalty box for a number of years due to regulatory issues. He prefers other banks.

banks

Showing 1 to 15 of 314 entries

Wells Fargo(WFC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 14

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, 14 stock analysts published opinions about WFC-N. 7 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?

14 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 2022-05-23, Wells Fargo (WFC-N) stock closed at a price of $43.82.

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