Fifth Third Bancorp which can be found using ticker (FITB) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $44.00 and $28.65 with the average target price sitting at $40.03. Given that the stocks previous close was at $38.78 and the analysts are correct then there would likely be a percentage uptick in value of 3.2%. Also worth taking note is the 50 day moving average now sits at $36.34 and the 200 day moving average is $31.01. The company has a market capitalization of 26.13B. The stock price is currently at: $38.20 USD
The potential market cap would be $26,972,787,988 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 12.17, 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.
