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Analysts Offer Insights on Financial Companies: China International Capital (OtherCNICF) and Wells Fargo (WFC)

Tipranks - Tipranks - Thu Apr 16, 6:15AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on China International Capital (CNICF) and Wells Fargo (WFC).

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China International Capital (CNICF)

Morgan Stanley analyst Chiyao Huang maintained a Buy rating on China International Capital today and set a price target of HK$28.90. The company’s shares closed last Monday at $2.35.

According to TipRanks.com, Huang is ranked #3877 out of 12179 analysts.

China International Capital has an analyst consensus of Strong Buy, with a price target consensus of $3.36, representing a 43.0% upside. In a report issued on April 9, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a HK$20.50 price target.

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Wells Fargo (WFC)

Morgan Stanley analyst Manan Gosalia maintained a Hold rating on Wells Fargo today and set a price target of $97.00. The company’s shares closed last Tuesday at $81.70.

According to TipRanks.com, Gosalia is a 4-star analyst with an average return of 7.7% and a 56.8% success rate. Gosalia covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Valley National Bancorp, and Bank of New York Mellon. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wells Fargo with a $97.18 average price target, implying a 17.1% upside from current levels. In a report issued on April 7, J.P. Morgan also maintained a Hold rating on the stock with a $91.00 price target.

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