U.S. Bancorp [USB] stock Upgrade by Raymond James analyst, price target now $57

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U.S. Bancorp [NYSE: USB] stock went on an upward path that rose over 1.06% on Tuesday, amounting to a one-week price decrease of less than -2.96%.

Over the last 12 months, USB stock rose by 11.47%. The one-year U.S. Bancorp stock forecast points to a potential upside of 14.74. The average equity rating for USB stock is currently 2.17, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $76.98 billion, with 1.56 billion shares outstanding and 1.56 billion shares in the current float. Compared to the average trading volume of 7.91M shares, USB stock reached a trading volume of 2393788 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on U.S. Bancorp [USB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for USB shares is $57.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on USB stock is a recommendation set at 2.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $49 to $65. The new note on the price target was released on November 25, 2024, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise to $51, while Deutsche Bank analysts kept a Hold rating on USB stock. On September 30, 2024, analysts increased their price target for USB shares from 54 to 57.

The Average True Range (ATR) for U.S. Bancorp is set at 1.09, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 1.85. The Price to Book ratio for the last quarter was 1.46. Price to Free Cash Flow for USB in the course of the last twelve months was 11.12.

USB Stock Performance Analysis:

U.S. Bancorp [USB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.96. With this latest performance, USB shares dropped by -7.60% in over the last four-week period, additionally plugging by 22.14% over the last 6 months – not to mention a rise of 11.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for USB stock in for the last two-week period is set at 39.02, with the RSI for the last a single of trading hit 38.57, and the three-weeks RSI is set at 45.14 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 50.11, while it was recorded at 48.02 for the last single week of trading, and 44.47 for the last 200 days.

Insight into U.S. Bancorp Fundamentals:

U.S. Bancorp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.73.

USB Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for USB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for U.S. Bancorp go to 5.01%.

U.S. Bancorp [USB] Institutonal Ownership Details

There are presently around $80.03%, or 80.14%% of USB stock, in the hands of institutional investors. The top three institutional holders of USB stocks are: VANGUARD GROUP INC with ownership of 135.59 million shares, which is approximately 8.697%. BLACKROCK INC., holding 110.54 million shares of the stock with an approximate value of $$4.39 billion in USB stocks shares; and BLACKROCK INC., currently with $$2.67 billion in USB stock with ownership which is approximately 4.2632%.