# Truist Financial Corporation – Consensus ‘hold’ rating and 9.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/truist-financial-corporation-consensus-hold-rating-and-9.5-upside-potential/4121132917
- Published: 2023-11-16T13:38:54+00:00
- Author: Charlotte Edwards

**Truist Financial Corporation** with ticker code (TFC) have now 22 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
range between the high target price and low target price is between $45.00 and $
24.00 and has a mean target at $33.93. Given that the stocks previous close was 
at $30.98 this would indicate that there is a potential upside of 9.5%. There is
a 50 day moving average of $28.80 while the 200 day moving average is $32.89. The
market cap for the company is 42.56B. The stock price for the company is currently
$31.91 USD

 The potential market cap would be $46,609,843,975 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 8.02, 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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