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MarketScreener Homepage  >  Equities  >  Nyse  >  Wells Fargo & Company    WFC

WELLS FARGO & COMPANY

(WFC)
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Wells Fargo & Company : The technical rebound will come to an end

02/07/2020 | 09:33am EST
short sell
Target price hit
Entry price : 47.73$ | Target : 43.7$ | Stop-loss : 50.1$ | Potential : 8.44%
In close proximity to the technical resistance zone that has been tested over several trading sessions, stocks in Wells Fargo & Company could experience a pullback over the coming trading sessions towards technical support levels based on daily closing prices.
Investors should open a short trade and target the $ 43.7.
Wells Fargo & Company : Wells Fargo & Company : The technical rebound will come to an end
Strengths
  • The company returns high margins, thereby supporting business profitability.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 11.77 for the current year.
  • This company will be of major interest to investors in search of a high dividend stock.

Weaknesses
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company's earnings releases usually do not meet expectations.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the last few months, analysts have been revising downwards their earnings forecast.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 72 473 M - -
Net income 2020 1 731 M - -
Net Debt 2020 - - -
P/E ratio 2020 86,1x
Yield 2020 4,12%
Capitalization 125 B 125 B -
Capi. / Sales 2020 1,73x
Capi. / Sales 2021 1,80x
Nbr of Employees 268 531
Free-Float 75,3%
Upcoming event on WELLS FARGO & COMPANY
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 36,66 $
Last Close Price 30,17 $
Spread / Highest target 49,2%
Spread / Average Target 21,5%
Spread / Lowest Target -0,56%
EPS Revisions
Managers and Directors
NameTitle
Charles William Scharf President, Chief Executive Officer & Director
Charles H. Noski Chairman
Scott E. Powell Chief Operating Officer & Senior Executive VP
Michael Santomassimo Chief Financial Officer & Senior Executive VP
Saul van Beurden Senior Executive VP & Head-Technology
Sector and Competitors