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Here's Why Wells Fargo Stock Has Underperformed This Year


Here's Why Wells Fargo Stock Has Underperformed This Year

This year is almost certainly one that Wells Fargo (NYSE: WFC) would like to have a do-over, as the performance of its stock proves. Since the beginning of 2017, shares of the nation's third-biggest bank by assets have lost 10%.

That in and of itself makes Wells Fargo's performance seem dismal. But making it even more so is the fact that the S&P 500 has gained 10% over the same stretch.

KBWB Chart

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Source: Fool.com

Wells Fargo & Co. Stock

€55.55
0.070%
There is nearly no change for the Wells Fargo & Co. stock today. Compared to yesterday it only changed by €0.040.
With 19 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 60 € there is a slightly positive potential of 8.01% for Wells Fargo & Co. compared to the current price of 55.55 €.
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