Go to the list of all blogs
Sergey Savastiouk's Avatar
published in Blogs
May 04, 2020
TickeronGET DAILY SIGNALS
Wells Fargo (WFC, $27.16), PNC (PNC, $100.88), KeyCorp(KEY, $10.70) downgraded by UBS analyst

Wells Fargo (WFC, $27.16), PNC (PNC, $100.88), KeyCorp(KEY, $10.70) downgraded by UBS analyst

Wells Fargo , PNC Financial Services   and KeyCorp   were downgraded by UBS analyst Saul Martinez.

Martinez lowered rating on Wells Fargo and PNC to sell and KeyCorp to neutral. 

According to Martnez, the banks will undergo losses on their commercial and industrial loans, amid COVID-19 pandemic.

He also cut his earnings-per-share forecasts for large-cap banks by an average of -25% for 2020 (excluding Paycheck Protection Program lending) and by -18% for 2021.

Related Ticker: WFC

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


WFC in upward trend: 10-day moving average moved above 50-day moving average on November 06, 2026

The 10-day moving average for WFC crossed bullishly above the 50-day moving average on November 06, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 14 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2026. You may want to consider a long position or call options on WFC as a result. In 46 of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 64%.

The Moving Average Convergence Divergence (MACD) for WFC just turned positive on October 09, 2026. Looking at past instances where WFC's MACD turned positive, the stock continued to rise in 25 of 46 cases over the following month. The odds of a continued upward trend are 54%.

WFC moved above its 50-day moving average on November 02, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a +2.60% 3-day Advance, the price is estimated to grow further. Considering data from situations where WFC advanced for three days, in 202 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.

The Aroon Indicator entered an Uptrend today. In 154 of 269 cases where WFC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 57%.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 45 of 70 cases where WFC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 64%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WFC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 58%.

WFC broke above its upper Bollinger Band on November 04, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is 2 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is 18 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 20, placing this stock better than average.

The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. WFC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of 64 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.540) is normal, around the industry mean (1.500). P/E Ratio (12.060) is within average values for comparable stocks, (11.703). Projected Growth (PEG Ratio) (1.264) is also within normal values, averaging (2.139). Dividend Yield (0.024) settles around the average of (0.035) among similar stocks. P/S Ratio (3.144) is also within normal values, averaging (3.867).

The Tickeron PE Growth Rating for this company is 64 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), HSBC Holdings PLC (NYSE:HSBC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).

Industry description

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

Market Cap

The average market capitalization across the Major Banks Industry is 195.36B. The market cap for tickers in the group ranges from 1.04M to 889.14B. JPM holds the highest valuation in this group at 889.14B. The lowest valued company is BACRP at 1.04M.

High and low price notable news

The average weekly price growth across all stocks in the Major Banks Industry was 2%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 11%. BBVA experienced the highest price growth at 10%, while C experienced the biggest fall at -1%.

Volume

The average weekly volume growth across all stocks in the Major Banks Industry was -26%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was -15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 54
Price Growth Rating: 50
SMR Rating: 4
Profit Risk Rating: 20
Seasonality Score: 35 (-100 ... +100)
Related Portfolios: BANKS
1-on-1 3
View a ticker or compare two or three
Interact to see
Advertisement
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a major bank

Industry MajorBanks

Industry
Major Banks
Address
333 Market Street
Phone
+1 415 371-2921
Employees
205000
Web
https://www.wellsfargo.com
Interact to see
Advertisement
SAN is Spain's largest bank with a diversified footprint across Europe and the Americas, while SMFG is Japan's second-largest lender anchored in a resurgent domestic banking market. Both names are riding structural tailwinds: SAN from efficiency gains and U.S./UK acquisitions, and SMFG from the Bank of Japan's rate-hiking cycle and the end of deflation.
The central stock price target of $100 is the arithmetic mean of the verified analyst price targets reviewed; major aggregators report a similar consensus near $99–$102, with a wide range from roughly $60 to $150. With the stock trading near $53, reaching $100 would require a gain of approximately 88% — a very large move from current levels.
NVDA dropped from Friday's close of $186.64 to $174.06 intraday, down -6.74%, during regular market hours. The slide followed CEO Jensen Huang's admission of an extramarital affair and the board's independent investigation, announced November 8, after reports he was targeted by a suspected Chinese intelligence operative.
RAPP fell -9.23% to about $26.66 during regular trading on Oct. 21, down from the prior close of $29.37. The decline unwinds Monday's brief post-trial pop as investors keep reassessing the Phase 2 RAP-219 bipolar mania results.
AMD is riding record data-center momentum, with third-quarter data-center revenue up 97% year over year, while INTC faces supply constraints and weak PC guidance that triggered a sharp single-day sell-off. Relative performance has diverged sharply in 2026: AMD shares have more than doubled at their peak, whereas Intel's rally stalled after a 29% post-earnings decline.