Wells Fargo (NYSE:WFC) analyst Mike Mayo maintained a Hold rating on State Street on Monday, setting a price target of $92, which is approximately 3.99% above the present share price of $88.47.
Mayo expects State Street to post earnings per share (EPS) of $2.11 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in State Street, with an average price target of $98.25.
The analysts price targets range from a high of $122 to a low of $86.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.75 billion and a net profit of $0. The company's market cap is $32.35 billion.
According to TipRanks.com, Wells Fargo analyst Mike Mayo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 68.10% success rate.
State Street Corporation (NYSE:STT) is a financial services and bank holding company. It provides a range of financial products and services to institutional investors worldwide including deposits, loans and lease financing, securities finance, trading services, portfolio modeling and construction, and wealth management solutions.