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How Wall Street Analysts View Bancorp

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Analyst ratings

Bancorp’s (USB) performance expectations in 2018 have been reflected in its analyst ratings. Analysts gave USB a mean price target of $59.5, implying a ~9% rise from its current level of $54.80. It has a market capitalization of about $321.5 billion.

As of January 2018, six of 29 analysts covering the stock gave it “buy” or “strong buy” ratings, 20 analysts gave it a hold rating, and the remaining three gave it a “sell” rating. Compared to December 2017, the number of Bancorp’s “strong buy” and “buy” ratings have been constant.

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USB’s peer ratings

Among Bancorp’s major alternative peers, Wells Fargo (WFC) got a “buy” or “strong buy” rating from 11 of 32 analysts, a “hold” rating from 14 analysts, and a “sell” rating from the remaining seven analysts. The target price for WFC is $64.09, while the current price is $57.54.

11 of 27 analysts gave Goldman Sachs a (GS) “buy” or “strong buy” rating, 14 analysts gave it a “hold” rating, and the remaining two analysts gave it a “sell” rating. The target price for GS is $267.96 compared to the current level of $257.10.

17 of 30 analysts gave Citigroup (C) a “buy” or “strong buy” rating, while 11 gave it a “hold” rating. The remaining two analysts gave it a “sell” rating. The target price for Citigroup is $84.27 from the current level $74.99.

Investors looking for exposure to banks can invest in ETFs. USB forms 2.8% of the iShares U.S. Financial Services ETF (IYG).

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