Truist Finl
(NYSE:TFC)
$38.84
0.78[2.05%]
At close: Apr 23
$38.84
0[0.00%]
After Hours: 7:52PM EDT
Q1 2024 Earnings were released on Mon Apr 22nd, before the market open
The most recent conference call was at 8:00 AM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$67.00
Lowest Price Target1
$29.50
Consensus Price Target1
$41.84

Truist Finl Stock (NYSE:TFC), Analyst Ratings, Price Targets, Predictions

Truist Financial Corp has a consensus price target of $41.84, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Stephens & Co., Compass Point, and Morgan Stanley on April 23, 2024, April 23, 2024, and April 22, 2024. With an average price target of $42.67 between Stephens & Co., Compass Point, and Morgan Stanley, there's an implied 9.85% upside for Truist Financial Corp from these 3 analyst ratings.

Analyst Trend
0
0
0
0
Nov 23
1
2
Dec 23
4
3
Jan
2
Mar
4
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
Compass Point
Morgan Stanley
Jefferies
Keefe, Bruyette & Woods

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Truist Finl

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/23/2024TFCBuy Now
Truist Finl
$38.8410.71%Stephens & Co.
Terry McEvoy
→ $43ReiteratesOverweight → OverweightGet Alert
04/23/2024TFCBuy Now
Truist Finl
$38.848.14%Compass Point
David Rochester
$34 → $42UpgradeNeutral → BuyGet Alert
04/22/2024TFCBuy Now
Truist Finl
$38.8410.71%Morgan Stanley
Betsy Graseck
$43 → $43MaintainsEqual-WeightGet Alert
04/08/2024TFCBuy Now
Truist Finl
$38.845.56%Jefferies
Ken Usdin
$40 → $41MaintainsHoldGet Alert
04/05/2024TFCBuy Now
Truist Finl
$38.8415.86%Keefe, Bruyette & Woods
David Konrad
$44 → $45MaintainsOutperformGet Alert
04/05/2024TFCBuy Now
Truist Finl
$38.8426.16%UBS
Erika Najarian
$45 → $49MaintainsBuyGet Alert
03/28/2024TFCBuy Now
Truist Finl
$38.8415.86%Wells Fargo
Mike Mayo
$39 → $45MaintainsOverweightGet Alert
03/28/2024TFCBuy Now
Truist Finl
$38.840.41%HSBC
Saul Martinez
$37 → $39MaintainsHoldGet Alert
03/19/2024TFCBuy Now
Truist Finl
$38.8410.71%Stephens & Co.
Terry McEvoy
$41 → $43UpgradeEqual-Weight → OverweightGet Alert
01/30/2024TFCBuy Now
Truist Finl
$38.8410.71%Morgan Stanley
Betsy Graseck
$38 → $43MaintainsEqual-WeightGet Alert
01/19/2024TFCBuy Now
Truist Finl
$38.84-2.16%Piper Sandler
Scott Siefers
$37 → $38MaintainsNeutralGet Alert
01/19/2024TFCBuy Now
Truist Finl
$38.848.14%RBC Capital
Gerard Cassidy
$40 → $42MaintainsOutperformGet Alert
01/19/2024TFCBuy Now
Truist Finl
$38.8413.29%Keefe, Bruyette & Woods
David Konrad
$42 → $44MaintainsOutperformGet Alert
01/09/2024TFCBuy Now
Truist Finl
$38.842.99%Jefferies
Ken Usdin
$28 → $40MaintainsHoldGet Alert
01/05/2024TFCBuy Now
Truist Finl
$38.845.56%Raymond James
Michael Rose
$34 → $41MaintainsOutperformGet Alert
01/04/2024TFCBuy Now
Truist Finl
$38.8410.71%B of A Securities
Ebrahim Poonawala
→ $43UpgradeNeutral → BuyGet Alert
01/02/2024TFCBuy Now
Truist Finl
$38.848.14%Barclays
Jason Goldberg
$40 → $42MaintainsEqual-WeightGet Alert
12/14/2023TFCBuy Now
Truist Finl
$38.844.15%Odeon Capital
Dick Bove
→ $40.45UpgradeHold → BuyGet Alert
12/08/2023TFCBuy Now
Truist Finl
$38.84-12.46%Piper Sandler
Stephen Scouten
$31 → $34MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Truist Finl (TFC)?

A

The latest price target for Truist Finl (NYSE: TFC) was reported by Stephens & Co. on April 23, 2024. The analyst firm set a price target for $43.00 expecting TFC to rise to within 12 months (a possible 10.71% upside). 56 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Truist Finl (TFC)?

A

The latest analyst rating for Truist Finl (NYSE: TFC) was provided by Stephens & Co., and Truist Finl reiterated their overweight rating.

Q

When was the last upgrade for Truist Finl (TFC)?

A

The last upgrade for Truist Financial Corp happened on April 23, 2024 when Compass Point raised their price target to $42. Compass Point previously had a neutral for Truist Financial Corp.

Q

When was the last downgrade for Truist Finl (TFC)?

A

The last downgrade for Truist Financial Corp happened on September 15, 2023 when Piper Sandler changed their price target from $36 to $32 for Truist Financial Corp.

Q

When is the next analyst rating going to be posted or updated for Truist Finl (TFC)?

A

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 April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.

Q

Is the Analyst Rating Truist Finl (TFC) correct?

A

While ratings are subjective and will change, the latest Truist Finl (TFC) rating was a reiterated with a price target of $0.00 to $43.00. The current price Truist Finl (TFC) is trading at is $38.84, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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