Fifth Third Bancorp Share Price Target ‘$40.17’, now 11.4% Upside Potential

Broker Ratings
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Fifth Third Bancorp which can be found using ticker (FITB) have now 21 confirmed analysts covering the stock with the consensus suggesting 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 $40.17. (at the time of writing). Given that the stocks previous close was at $36.06 this would indicate that there is a potential upside of 11.4%. The 50 day MA is $36.73 while the 200 day moving average is $32.38. The market cap for the company is 25.06B. The stock price is currently at: $36.64 USD

The potential market cap would be $27,920,052,244 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 11.67, 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.

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