Analysts Offer Insights on Financial Companies: Fifth Third Bancorp (FITB), Truist Financial (TFC) and Ally Financial (ALLY)
There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Fifth Third Bancorp (FITB), Truist Financial (TFC) and Ally Financial (ALLY) with bullish sentiments.
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Fifth Third Bancorp (FITB)
Truist Financial analyst Brian Foran maintained a Buy rating on Fifth Third Bancorp today. The company’s shares closed last Friday at $50.34.
According to TipRanks.com, Foran is a 4-star analyst with an average return of
Currently, the analyst consensus on Fifth Third Bancorp is a Strong Buy with an average price target of $56.73, which is an 11.4% upside from current levels. In a report issued on April 7, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $55.00 price target.
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Truist Financial (TFC)
RBC Capital analyst Gerard Cassidy maintained a Buy rating on Truist Financial on April 17 and set a price target of $53.00. The company’s shares closed last Friday at $50.57.
According to TipRanks.com, Cassidy is a 5-star analyst with an average return of
Currently, the analyst consensus on Truist Financial is a Moderate Buy with an average price target of $55.09, which is a 13.0% upside from current levels. In a report issued on April 5, Bank of America Securities also maintained a Buy rating on the stock with a $54.00 price target.
Ally Financial (ALLY)
In a report issued on April 17, Jon Arfstrom from RBC Capital maintained a Buy rating on Ally Financial, with a price target of $52.00. The company’s shares closed last Friday at $45.36, close to its 52-week high of $45.46.
According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of
Ally Financial has an analyst consensus of Strong Buy, with a price target consensus of $52.67, implying a 19.3% upside from current levels. In a report issued on April 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $47.00 price target.
Read More on FITB:
Disclaimer & DisclosureReport an Issue
- Fifth Third Bancorp: Comerica Integration, Cost Synergies, and Earnings Upside Drive Buy Rating
- Fifth Third price target raised to $63 from $61 at Barclays
- Fifth Third Earnings Call Highlights Growth, Integration Push
- Fifth Third says FY26 outlook assumes no interest rate cuts this year
- Fifth Third says ‘not participating meaningfully’ in private credit
