Raymond James has revised its price target for U.S. Bancorp (USB, Financial), lowering it from $57 to $51 while maintaining an "Outperform" rating after the bank's recent quarterly results. Despite the adjustment, the firm remains optimistic about U.S. Bancorp's future prospects, citing a robust revenue performance and well-managed operating expenses during the quarter.
The latest financial reports highlighted U.S. Bancorp's ability to achieve positive operating leverage, a key indicator of financial health, which impressed analysts. Raymond James notes that the bank's ability to sustain its revenue and operating leverage targets for 2025, even amid growing economic uncertainties, is a promising sign for investors.
Overall, Raymond James maintains its forecast for U.S. Bancorp, believing that the company is strategically positioned to enhance its operating leverage and achieve superior profitability in the coming years.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for U.S. Bancorp (USB, Financial) is $50.39 with a high estimate of $63.00 and a low estimate of $42.00. The average target implies an upside of 33.24% from the current price of $37.82. More detailed estimate data can be found on the U.S. Bancorp (USB) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, U.S. Bancorp's (USB, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for U.S. Bancorp (USB, Financial) in one year is $47.39, suggesting a upside of 25.3% from the current price of $37.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the U.S. Bancorp (USB) Summary page.
