Fifth Third Bancorp with ticker code (FITB) now have 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $50.00 and $28.65 calculating the average target share price we see $42.58. (at the time of writing). Now with the previous closing price of $39.23 this would indicate that there is a potential upside of 8.5%. It’s also worth noting that there is a 50 day moving average of $37.89 while the 200 day moving average is $34.40. The company has a market cap of 26.80B. The stock price for the company is currently $39.37 USD
The potential market cap would be $29,091,443,319 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 12.54, revenue per share of $11.86 and a 1.1% 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.
