# Fifth Third Bancorp – Consensus ‘buy’ rating and 24.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/fifth-third-bancorp-consensus-buy-rating-and-24.8-upside-potential/4121126392
- Published: 2023-08-30T11:05:16+01:00
- Author: Charlotte Edwards

**Fifth Third Bancorp** with ticker code (FITB) now have 19 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The range between the
high target price and low target price is between 35 and 28 and has a mean target
at $32.21. Now with the previous closing price of $25.80 and the analysts are correct
then we can expect a percentage increase in value of 24.8%. There is a 50 day moving
average of $27.06 and the 200 day moving average is $29.84. The market capitalization
for the company is 18.01B. The stock price for the company is currently 26.45 USD

 The potential market cap would be $22,483,973,310 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 7.56, revenue per share of 11.96
and a 1.23% 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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