Fifth Third Bancorp with ticker code (FITB) have now 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 calculating the average target share price we see $39.13. (at the time of writing). Now with the previous closing price of $35.30 this is indicating there is a potential upside of 10.8%. It’s also worth noting that there is a 50 day moving average of $35.01 and the 200 day moving average is $29.83. The company has a market capitalization of 24.72B. The stock price is currently at: $36.17 USD
The potential market cap would be $27,406,522,102 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 11.23, 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.
