Synovus Financial Corp. which can be found using ticker (SNV) have now 14 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 50 and 30 with the average target price sitting at $38.71. Now with the previous closing price of $31.40 this indicates there is a potential upside of 23.3%. The 50 day MA is $34.70 and the 200 moving average now moves to $38.55. The company has a market capitalization of $4,526m. Find out more information at: https://www.synovus.com
The potential market cap would be $5,580m based on the market consensus.
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company’s commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and trust and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.
The company has a dividend yield of 4.9% with the ex dividend date set at 15-3-2023 (DMY).
