Fifth Third Bancorp (FITB) : Zacks Investment Research ranks Fifth Third Bancorp (FITB) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 17 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 24 research analysts is 2.54, which indicates as a Hold.
Fifth Third Bancorp (FITB) stock is expected to deviate a maximum of $1.18 from the average target price of $19.73 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $22 and the most muted being $17.
Shares of Fifth Third Bancorp rose by 0.57% in the last five trading days and 5.97% for the last 4 weeks. Fifth Third Bancorp is up 7.12% in the last 3-month period. Year-to-Date the stock performance stands at -1.35%. Fifth Third Bancorp (NASDAQ:FITB): On Tuesdays trading session , Opening price of the stock was $19.67 with an intraday high of $19.72. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.52. However, the stock managed to close at $19.52, a loss of 0.51% for the day. On the previous day, the stock had closed at $19.62. The total traded volume of the day was 4,762,365 shares.
Fifth Third Bancorp is a bank holding company. The Companys subsidiary, Fifth Third Bank, provide a range of financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, and credit products, such as credit cards, installment loans, mortgage loans and leases. The Company operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. Commercial Banking offers credit intermediation, cash management and financial services to market businesses and Government, and professional customers. Branch Banking provides a range of deposit and loan and lease products to individuals and businesses through approximately 1,302 Banking Centers. Consumer Lending includes its mortgage, home equity, automobile and other indirect lending activities. Investment Advisors provides a range of investment alternatives for individuals, companies and not-for-profit organizations.