U.S. Bancorp (USB) Receives ‘Analyst’ Rating

U.S. Bancorp (USB) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 21 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

U.S. Bancorp (USB) stock is expected to deviate a maximum of $3.05 from the average target price of $45.85 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $51 and the most muted being $42.


Also, Keefe Bruyette & Woods maintains their rating on the shares of U.S. Bancorp (NYSE:USB). The current rating of the shares is Market Perform. Equity Analysts at the Firm lowers the price target to $43 per share from $45 per share. The rating by the firm was issued on July 5, 2016.

U.S. Bancorp (NYSE:USB): After opening at $42.44, the stock dipped to an intraday low of $42.18 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $43.11 and the buying power remained strong till the end. The stock closed at $43.03 for the day, a gain of 0.26% for the day session. The total traded volume was 10,511,072. The stocks close on the previous trading day was $42.92.

U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Companys domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.

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