Wells Fargo's Growth Rate Is Slowing Down
For investors in Wells Fargo (NYSE: WFC), one of the most important questions right now facing the bank is whether, in the wake of its fake-account scandal, it can continue producing the same type of returns and growth that made it a market darling in the not-so-distant past.
The early indications aren't good. You can see this in the chart below, which compares the year-over-year growth rate of Wells Fargo's book value per share to the average of the six largest banks in the country.
Data source: YCharts.com. Chart by author.
Source: Fool.com
Wells Fargo & Co. Stock
€75.46
-1.580%
With 24 Buy predictions and 3 Sell predictions Wells Fargo & Co. is one of the favorites of our community.
With a target price of 85 € there is a slightly positive potential of 12.64% for Wells Fargo & Co. compared to the current price of 75.46 €.
