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Synovus Financial Corp. 6.6% Potential Upside Now Implied by Hovde Group

Synovus Financial Corp. using SYMBOL/TICKER code NYSE:SNV has had its stock rating noted as ‘Downgrade’ with the recommendation being set at ‘MARKET PERFORM’ yesterday by research analysts at Hovde Group. Synovus Financial Corp. are listed in the Finance sector within NYSE. Hovde Group have set a target price of 44 USD on its stock. This indicates the analyst believes there is a potential upside of 6.6% from the opening price of 41.27 USD.


Synovus Financial Corp. NYSE:SNV has a 50 day moving average of 39.36 USD and a 200 Day Moving Average share price is recorded at 33.36 USD. The 1 year high stock price is 42.07 USD while the 52 week low for the share price is 25.48 USD. Over the last 30 and 90 trading days the company share price has increased 2.13 points and increased 8.06 points respectively. There are currently 122,948,093 shares in issue with the average daily volume traded being 849,214. Market capitalisation for NYSE:SNV is $5,076,526,873.00 USD.


Synovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee.

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