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Analysts’ Top Financial Picks: Robinhood (HOOD), Fifth Third Bancorp (FITB)

Tipranks - Tipranks - Tue Mar 31, 6:56AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Robinhood (HOOD) and Fifth Third Bancorp (FITB) with bullish sentiments.

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Robinhood (HOOD)

Bernstein analyst Gautam Chhugani maintained a Buy rating on Robinhood today and set a price target of $130.00. The company’s shares closed last Friday at $66.02, close to its 52-week high of $66.91.

According to TipRanks.com, Chhugani is a 5-star analyst with an average return of 30.6% and a 45.0% success rate. Chhugani covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, SharpLink Gaming, and Coinbase Global. ;'>

Currently, the analyst consensus on Robinhood is a Strong Buy with an average price target of $118.07, representing a 72.3% upside. In a report issued on March 26, Jefferies also initiated coverage with a Buy rating on the stock with a $88.00 price target.

See the top stocks recommended by analysts >>

Fifth Third Bancorp (FITB)

Piper Sandler analyst Scott Siefers reiterated a Buy rating on Fifth Third Bancorp today and set a price target of $54.00. The company’s shares closed last Friday at $44.54.

According to TipRanks.com, Siefers is a 5-star analyst with an average return of 11.8% and a 60.7% success rate. Siefers covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Huntington Bancshares, and Associated Banc-Corp. ;'>

Currently, the analyst consensus on Fifth Third Bancorp is a Strong Buy with an average price target of $56.97, representing a 25.8% upside. In a report issued on March 16, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $50.50 price target.

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