Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Fifth Third Bancorp has a consensus price target of $41.02 based on the ratings of 24 analysts. The high is $56 issued by Morgan Stanley on December 6, 2021. The low is $31 issued by Citigroup on September 18, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, B of A Securities, and Morgan Stanley on August 5, 2024, July 22, 2024, and July 22, 2024, respectively. With an average price target of $44 between Morgan Stanley, B of A Securities, and Morgan Stanley, there's an implied 1.76% upside for Fifth Third Bancorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fifth Third Bancorp (NASDAQ:FITB) was reported by Morgan Stanley on August 5, 2024. The analyst firm set a price target for $47.00 expecting FITB to rise to within 12 months (a possible 8.70% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Fifth Third Bancorp (NASDAQ:FITB) was provided by Morgan Stanley, and Fifth Third Bancorp maintained their equal-weight rating.
The last upgrade for Fifth Third Bancorp happened on May 31, 2024 when Wolfe Research raised their price target to $43. Wolfe Research previously had a peer perform for Fifth Third Bancorp.
The last downgrade for Fifth Third Bancorp happened on April 4, 2024 when UBS changed their price target from $42 to $39 for Fifth Third Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fifth Third Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fifth Third Bancorp was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest Fifth Third Bancorp (FITB) rating was a maintained with a price target of $40.00 to $47.00. The current price Fifth Third Bancorp (FITB) is trading at is $43.24, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.