Synovus Financial Corp. – Consensus Indicates Potential 25.0% Upside

Broker Ratings

Synovus Financial Corp. with ticker code (SNV) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 55 and 42.75 with the average target price sitting at 47.3. Now with the previous closing price of 37.83 this is indicating there is a potential upside of 25.0%. The 50 day MA is 39.52 while the 200 day moving average is 40.6. The market cap for the company is $5,475m. Visit the company website at: https://www.synovus.com

The potential market cap would be $6,846m based on the market concensus.

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Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company’s commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.

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