Fifth Third Bancorp with ticker code (FITB) have now 20 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $43.00 and $28.65 and has a mean share price target at $38.35. (at the time of writing). Given that the stocks previous close was at $33.90 this would imply there is now a potential upside of 13.1%. It’s also worth noting that there is a 50 day moving average of $33.98 and the 200 moving average now moves to $28.10. The company has a market capitalization of 23.11B. The current share price for the company is: $33.93 USD
The potential market cap would be $26,144,260,691 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 10.54, revenue per share of $11.98 and a 1.11% 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.
