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Analysts Offer Insights on Financial Companies: Fifth Third Bancorp (FITB) and Bank OZK (OZK)

Tipranks - Tipranks - Wed Jul 1, 6:14AM CDT

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

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Fifth Third Bancorp (FITB)

In a report released yesterday, Gerard Cassidy from RBC Capital assigned a Buy rating to Fifth Third Bancorp, with a price target of $57.00. The company’s shares closed last Monday at $56.78.

According to TipRanks.com, Cassidy is a 5-star analyst with an average return of 15.5% and a 73.8% success rate. Cassidy covers the Financial sector, focusing on stocks such as Bank of New York Mellon, Goldman Sachs Group, and Citizens Financial. ;'>

Fifth Third Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $57.88, representing a 3.0% upside. In a report issued on June 24, Truist Financial also maintained a Buy rating on the stock with a $60.00 price target.

See the top stocks recommended by analysts >>

Bank OZK (OZK)

Piper Sandler analyst Stephen Scouten maintained a Buy rating on Bank OZK today and set a price target of $61.00. The company’s shares closed last Monday at $51.63, close to its 52-week high of $53.64.

According to TipRanks.com, Scouten is a 5-star analyst with an average return of 11.5% and a 70.6% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Pinnacle Financial Partners, and Seacoast Banking Of Florida. ;'>

Currently, the analyst consensus on Bank OZK is a Moderate Buy with an average price target of $55.00, a 5.5% upside from current levels. In a report issued on June 16, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $60.00 price target.

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