NYSE:WFCBanks
Has The Recent Rally Left Wells Fargo (WFC) Trading Above Its Regulatory Rebuild Progress?
If you are wondering whether Wells Fargo's current share price lines up with its underlying value, this article will walk you through the key signals that matter most.
The stock closed at US$93.56, with returns of a 2.9% decline over 7 days, 0.9% over 30 days, a 1.7% decline year to date, 34.3% over 1 year, and a very large 3-year and 5-year return of roughly 2x and more than 3x respectively. This naturally raises questions about what is already priced in.
Recent headlines around Wells Fargo...