# Fifth Third Bancorp  Share Price Target ‘$42.58’, now 8.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/fifth-third-bancorp-share-price-target-42.58-now-8.5-upside-potential/4121167582
- Published: 2024-08-07T14:33:31+01:00
- Author: Charlotte Edwards

**Fifth Third Bancorp** with ticker code (FITB) now have 21 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $50.00 and $28.65 calculating the average target share price 
we see $42.58. (at the time of writing). Now with the previous closing price of 
$39.23 this would indicate that there is a potential upside of 8.5%. It’s also worth
noting that there is a 50 day moving average of $37.89 while the 200 day moving 
average is $34.40. The company has a market cap of 26.80B. The stock price for the
company is currently $39.37 USD

 The potential market cap would be $29,091,443,319 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 12.54, revenue per share of $11.86
and a 1.1% 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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