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.
Truist Financial Corp has a consensus price target of $44.08 based on the ratings of 24 analysts. The high is $51 issued by Morgan Stanley on July 30, 2024. The low is $34 issued by Piper Sandler on December 8, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Morgan Stanley, and Citigroup on September 10, 2024, July 30, 2024, and July 24, 2024, respectively. With an average price target of $49.33 between Stephens & Co., Morgan Stanley, and Citigroup, there's an implied 16.93% upside for Truist Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Truist Finl (NYSE:TFC) was reported by Stephens & Co. on September 10, 2024. The analyst firm set a price target for $50.00 expecting TFC to rise to within 12 months (a possible 18.51% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Truist Finl (NYSE:TFC) was provided by Stephens & Co., and Truist Finl reiterated their overweight rating.
The last upgrade for Truist Financial Corp happened on August 9, 2024 when Wolfe Research raised their price target to N/A. Wolfe Research previously had an underperform for Truist Financial Corp.
The last downgrade for Truist Financial Corp happened on July 24, 2024 when Citigroup changed their price target from $45 to $47 for Truist Financial Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Truist Finl, 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 Truist Finl was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest Truist Finl (TFC) rating was a reiterated with a price target of $50.00 to $50.00. The current price Truist Finl (TFC) is trading at is $42.19, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.