US Bancorp (NYSE: USB)‘s stock had its “neutral” rating restated by equities researchers at ISI Group in a report issued on Monday. They currently have a $35.00 target price on the stock.

The analysts wrote, “We are reducing our 2013 EPS estimate by $0.05 mainly to reflect a modestly lower mortgage banking revenue outlook, slightly slower loan growth, and slightly more NIM pressure (all in 1Q13) following recent comments from senior management. We are maintaining our 2014 and 2015 EPS estimates as we anticipate USB will be able to offset a slower revenue outlook by controlling costs more aggressively.”

Shares of US Bancorp traded up 0.58% during mid-day trading on Monday, hitting $34.43. US Bancorp has a 52 week low of $28.58 and a 52 week high of $35.46. The stock’s 50-day moving average is currently $33.63. The company has a market cap of $64.156 billion and a P/E ratio of 12.05.

US Bancorp last released its earnings data on Wednesday, January 16th. The company reported $0.75 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.75. The company had revenue of $5.11 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same quarter last year, the company posted $0.64 earnings per share. US Bancorp’s revenue was up .2% compared to the same quarter last year. Analysts expect that US Bancorp will post $3.07 EPS for the current fiscal year.

USB has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of US Bancorp in a research note to investors on Monday. Separately, analysts at FBR Capital reiterated an “outperform” rating on shares of US Bancorp in a research note to investors on Friday. They now have a $36.00 price target on the stock. Finally, analysts at Edward Jones downgraded shares of US Bancorp from a “buy” rating to a “hold” rating in a research note to investors on Thursday.

Fourteen research analysts have rated the stock with a buy rating, two have assigned an overweight rating, twenty have issued a hold rating, and one has assigned an underweight rating to the company. The company presently has an average rating of “overweight” and an average target price of $36.80.

U.S. Bancorp (U.S. Bancorp) is a multi-state financial services holding company. It provides a range of financial services, including lending and depository services, cash management, foreign exchange and trust and investment management services.

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