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Fifth Third Bancorp has a consensus price target of $42.37 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 Wells Fargo, Barclays, and Evercore ISI Group on November 15, 2024, October 21, 2024, and October 2, 2024, respectively. With an average price target of $50.67 between Wells Fargo, Barclays, and Evercore ISI Group, there's an implied 6.93% 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 Wells Fargo on November 15, 2024. The analyst firm set a price target for $54.00 expecting FITB to rise to within 12 months (a possible 13.96% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Fifth Third Bancorp (NASDAQ:FITB) was provided by Wells Fargo, and Fifth Third Bancorp maintained their overweight 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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Fifth Third Bancorp (FITB) rating was a maintained with a price target of $52.00 to $54.00. The current price Fifth Third Bancorp (FITB) is trading at is $47.39, which is out of the analyst’s predicted range.
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