Fifth Third Bancorp with ticker code (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 $34.00 and $27.40 calculating the mean target price we have $30.89. Given that the stocks previous close was at $26.16 and the analysts are correct then we can expect a percentage increase in value of 18.1%. It’s also worth noting that there is a 50 day moving average of $25.28 and the 200 day moving average is $27.64. The total market capitalization for the company now stands at 17.36B. The stock price is currently at: $25.49 USD
The potential market cap would be $20,497,834,678 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 7.26, revenue per share of $12.01 and a 1.22% 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.
