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Analysts Offer Insights on Financial Companies: Wells Fargo (WFC) and Patria Investments (PAX)

Tipranks - Thu Apr 16, 7:03AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Wells Fargo (WFC) and Patria Investments (PAX) with bullish sentiments.

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Wells Fargo (WFC)

Goldman Sachs analyst Richard Ramsden maintained a Buy rating on Wells Fargo yesterday and set a price target of $92.00. The company’s shares closed last Tuesday at $81.70.

According to TipRanks.com, Ramsden is a 5-star analyst with an average return of 17.0% and a 73.5% success rate. Ramsden covers the Financial sector, focusing on stocks such as Bank of America, Morgan Stanley, and JPMorgan Chase. ;'>

Wells Fargo has an analyst consensus of Moderate Buy, with a price target consensus of $96.57, implying a 16.3% upside from current levels. In a report issued on March 31, HSBC also upgraded the stock to Buy with a $94.00 price target.

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Patria Investments (PAX)

Goldman Sachs analyst Tito Labarta maintained a Buy rating on Patria Investments today and set a price target of $20.00. The company’s shares closed last Tuesday at $12.40.

According to TipRanks.com, Labarta is a 1-star analyst with an average return of -0.9% and a 47.9% success rate. Labarta covers the Financial sector, focusing on stocks such as Grupo Financiero Galicia SA, Banco del Bajio SA, and AGI Inc Class A. ;'>

Patria Investments has an analyst consensus of Moderate Buy, with a price target consensus of $17.33.

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