Cracking The Code: Understanding Analyst Reviews For Synovus Finl

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In the last three months, 21 analysts have published ratings on Synovus Finl SNV, offering a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 8 7 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 2 0 0
2M Ago 3 4 3 0 0
3M Ago 2 2 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $56.19, a high estimate of $64.00, and a low estimate of $46.00. This current average has increased by 8.75% from the previous average price target of $51.67.

price target chart

Investigating Analyst Ratings: An Elaborate Study

An in-depth analysis of recent analyst actions unveils how financial experts perceive Synovus Finl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jon Arfstrom RBC Capital Maintains Outperform $64.00 $64.00
Brad Milsaps Piper Sandler Raises Overweight $64.00 $56.00
Bernard von-Gizycki Deutsche Bank Announces Buy $64.00 -
Timur Braziler Wells Fargo Raises Equal-Weight $55.00 $51.00
Ryan Nash Goldman Sachs Raises Neutral $62.00 $52.00
Jared Shaw Barclays Raises Overweight $64.00 $56.00
John Pancari Evercore ISI Group Raises In-Line $54.00 $48.00
Manan Gosalia Morgan Stanley Raises Equal-Weight $55.00 $51.00
Brandon King Truist Securities Raises Buy $57.00 $52.00
Ebrahim Poonawala B of A Securities Raises Buy $57.00 $48.00
Kevin Fitzsimmons DA Davidson Raises Buy $60.00 $53.00
Russell Gunther Stephens & Co. Raises Equal-Weight $52.00 $46.00
Steven Alexopoulos JP Morgan Raises Overweight $59.00 $52.00
Jared Shaw Barclays Raises Overweight $56.00 $49.00
Jon Arfstrom RBC Capital Raises Outperform $57.00 $49.00
Benjamin Gerlinger Citigroup Announces Buy $53.00 -
Steven Alexopoulos JP Morgan Lowers Overweight $52.00 $55.00
John Pancari Evercore ISI Group Lowers In-Line $48.00 $50.00
Timur Braziler Wells Fargo Lowers Equal-Weight $46.00 $48.00
Brandon King Truist Securities Raises Buy $52.00 $50.00
Michael Rose Raymond James Announces Outperform $49.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Synovus Finl. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Synovus Finl compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Synovus Finl's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Synovus Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Synovus Finl analyst ratings.

Discovering Synovus Finl: A Closer Look

Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Synovus Finl: Financial Performance Dissected

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Synovus Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.65% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Synovus Finl's net margin is impressive, surpassing industry averages. With a net margin of 30.51%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Synovus Finl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.63%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Synovus Finl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.28%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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