Synovus Financial Corp. with ticker code (SNV) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 55 and 33 with the average target price sitting at $44.83. Given that the stocks previous close was at $30.05 this would indicate that there is a potential upside of 49.2%. The day 50 moving average is $38.44 and the 200 moving average now moves to $39.08. The market cap for the company is $4,422m. Find out more information at: https://www.synovus.com
The potential market cap would be $6,597m 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 5.02% with the ex dividend date set at 15-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.12, revenue per share of 14.6 and a 1.29% return on assets.
