Fifth Third Bancorp – Consensus ‘buy’ rating and 11.2% Upside Potential

Broker Ratings
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Fifth Third Bancorp with ticker code (FITB) now have 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $44.00 and $28.65 and has a mean target at $40.17. Given that the stocks previous close was at $36.13 this now indicates there is a potential upside of 11.2%. There is a 50 day moving average of $36.71 and the 200 day moving average is $31.95. The total market capitalization for the company now stands at 24.37B. The stock price is currently at: $35.62 USD

The potential market cap would be $27,090,215,156 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.34, revenue per share of $11.90 and a 1.09% return on assets.

Fifth Third Bancorp (the Bancorp) is a bank holding company for Fifth Third Bank, National Association. The Bancorp conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States. The Bancorp operates through three segments: Commercial Banking, which offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers; Consumer and Small Business Banking provides a full range of deposit and loan products to individuals and small businesses through a network of full-service banking centers and relationships with indirect and correspondent loan originators, and Wealth and Asset Management, which provides a range of wealth management services for individuals, companies and nonprofit organizations.

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