# Fifth Third Bancorp – Consensus ‘buy’ rating and 18.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/fifth-third-bancorp-consensus-buy-rating-and-18.1-upside-potential/4121132438
- Published: 2023-11-09T13:35:51+00:00
- Author: Charlotte Edwards

**Fifth Third Bancorp** with ticker code (FITB) have now 19 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $34.00 and $27.40 calculating the mean target price we have
$30.89. Given that the stocks previous close was at $26.16 and the analysts are 
correct then we can expect a percentage increase in value of 18.1%. It’s also worth
noting that there is a 50 day moving average of $25.28 and the 200 day moving average
is $27.64. The total market capitalization for the company now stands at 17.36B.
The stock price is currently at: $25.49 USD

 The potential market cap would be $20,497,834,678 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 7.26, revenue per share of $12.01
and a 1.22% return on assets.

Fifth Third Bancorp (the Bancorp) is a bank holding company for Fifth Third Bank,
National Association. The Bancorp conducts its principal lending, deposit gathering,
transaction processing and service advisory activities through its banking and non-
banking subsidiaries from banking centers located throughout the Midwestern and 
Southeastern regions of the United States. The Bancorp operates through three segments:
Commercial Banking, which offers credit intermediation, cash management and financial
services to large and middle-market businesses and government and professional customers;
Consumer and Small Business Banking provides a full range of deposit and loan products
to individuals and small businesses through a network of full-service banking centers
and relationships with indirect and correspondent loan originators, and Wealth and
Asset Management, which provides a range of wealth management services for individuals,
companies and nonprofit organizations.

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