Shares of Wells Fargo & Company Depositary Shares Series C (NYSE:WFC.P.C) traded at a new 52-week high today of $25.50. Approximately 178,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into three segments for reporting purposes: community banking; wholesale banking; and wealth and investment management. The community banking segment serves consumers and small businesses with products including deposit accounts, credit and debit cards, and student, mortgage, and home equity loans. Wholesale banking includes corporate and commercial real estate lending, asset-based lending and trade financing, merchant services, and capital markets businesses. Wealth and investment management includes advisory, brokerage, retirement, and trust services.
Wells Fargo & Company Depositary Shares Series C (NYSE:WFC.P.C) has potential upside of 1.6% based on a current price of $24.50 and analysts’ consensus price target of $24.89.
In the past 52 weeks, shares of Wells Fargo & Company Depositary Shares Series C have traded between a low of $24.25 and a high of $25.50 and is now at $24.50, which is 1% above that low price.
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