# Truist Financial Corporation – Consensus ‘hold’ rating and 12.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/truist-financial-corporation-consensus-hold-rating-and-12.3-upside-potential/4121132279
- Published: 2023-11-09T13:53:02+00:00
- Author: Charlotte Edwards

**Truist Financial Corporation** with ticker code (TFC) now have 22 analysts in 
total covering the stock. The consensus rating is pointing to ‘hold’. The range 
between the high target price and low target price is between $45.00 and $24.00 
with the average target price sitting at $34.27. Given that the stocks previous 
close was at $30.52 and the analysts are correct then we can expect a percentage
increase in value of 12.3%. Also worth taking note is the 50 day moving average 
now sits at $28.83 and the 200 day MA is $33.36. The market capitalization for the
company is 40.54B. The stock price for the company is currently is currently $30.40
USD

 The potential market cap would be $45,525,166,152 based on the market consensus.

The company has a dividend yield of 3.36%. Other points of data to note are a P/
E ratio of 7.64, revenue per share of $16.46 and a 1.05% return on assets.

Truist Financial Corporation is a financial services company. The Company operates
through its commercial bank subsidiary, Truist Bank (the Bank). The Bank provides
a range of banking and trust services for clients and its digital platform. The 
Company’s segments include Consumer Banking and Wealth, Corporate and Commercial
Banking, and Insurance Holdings. It provides a range of banking services to commercial
and consumer clients, which includes asset management, automobile lending, credit
card lending, consumer finance, home equity lending, insurance, investment brokerage
services, mobile/online banking, payment solutions, retail deposit products, small
business lending and student lending. Its services also include commercial deposit
and treasury services, commercial finance, commercial lending, floor plan lending,
leasing, investment banking and capital markets services, institutional trust services,
international banking, insurance premium finance and supply chain financing.

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