Stephens has revised its price target for U.S. Bancorp (USB, Financial), reducing it from $55 to $43, while maintaining an Equal Weight rating on the shares. This adjustment reflects uncertainty surrounding the company's strategic initiatives to enhance growth, particularly within its payments sector and cross-business interconnectivity.
The analyst emphasizes that these focus areas have been pivotal in U.S. Bancorp's recent strategies. However, there's a cautious stance on how quickly these efforts will translate into significant financial gains. Hence, the firm's recommendation is to observe the company's progress over the next few quarters before making any decisive investment moves.
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.
