Shares of Wells Fargo & Company (NYSE:WFC) traded at a new 52-week high today of $40.01. So far today approximately 12.8 million shares have been exchanged, as compared to an average 30-day volume of 34.2 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.
In the past 52 weeks, shares of Wells Fargo & Company have traded between a low of $20.76 and a high of $40.01 and is now at $39.99, which is 93% above that low price.
Wells Fargo & Company (NYSE:WFC) defies analysts with a current price ($39.99) 1.1% above its average consensus price target of $39.56.
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