Wells Fargo traded at $73.42 this Friday May 15th, decreasing $0.37 or 0.50 percent since the previous trading session. Looking back, over the last four weeks, Wells Fargo lost 9.64 percent. Over the last 12 months, its price fell by 3.62 percent. Looking ahead, we forecast Wells Fargo to be priced at 71.94 by the end of this quarter and at 67.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wells Fargo & Company is a financial services company. The Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through banking locations and offices, the Internet (www.wellsfargo.com) and other distribution channels to individuals, businesses and institutions in states, the District of Columbia and in countries outside the United States. The Company provides consumer financial products and services, including checking and savings accounts, credit and debit cards, and auto, mortgage and home equity, and small business lending. In addition, the Company offers financial planning, private banking, investment management, and fiduciary services. The Company also provides financial solutions to businesses through products and services including traditional commercial loans and lines of credit, letters of credit, asset-based lending, trade financing, treasury management, and investment banking services.