Fifth Third Bancorp which can be found using ticker (FITB) have now 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 35 and 27.1 calculating the mean target price we have $31.98. Now with the previous closing price of $28.48 this would imply there is now a potential upside of 12.3%. Also worth taking note is the 50 day moving average now sits at $26.89 and the 200 day moving average is $30.54. The company has a market capitalization of 19.38B. The stock price is currently at: 28.47 USD
The potential market cap would be $21,765,935,827 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 8.13, revenue per share of 11.96 and a 1.23% 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.
