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Fifth Third Bancorp (NYSE:FITB) target price raised to $21.00, reported today by KBW

Yesterday Fifth Third Bancorp (NYSE:FITB) traded -0.54% lower at $20.35. The company’s 50-day moving average is $20.08 and its 200-day moving average is $18.49. The last stock close price is up 10.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 6,025,689 shares of FITB traded hands, up from an avg. volume of 6,010,800

Fifth Third Bancorp (NYSE:FITB) had its target price raised to $21.00 by KBW in a report released Tuesday October 04, 2016. The new target price indicates a possible upside of 0.03% based on the company's last stock close price.

Previously on 09/23/2016, CLSA reported about Fifth Third Bancorp (NYSE:FITB) raised the target price from $19.00 to $23.00. At the time, this indicated a possible upside of 0.09%.

Recent Performance Chart

Fifth Third Bancorp (NYSE:FITB)

Fifth Third Bancorp has PE ratio of 9.91 with a one year low of $13.84 and a one year high of $21.14 and has a market capitalization of $0.

A total of 28 brokerages have issued a ratings update on Fifth Third Bancorp. Five brokerages rating the company a strong buy, seven brokerages rating the company a buy, twenty brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $19.88.

General Company Details For Fifth Third Bancorp (NYSE:FITB)

Fifth Third Bancorp is a bank holding company and a financial holding company. The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States. The Company operates through four segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. It offers commercial and industrial loans, commercial mortgage loans, commercial construction loans, commercial leases, residential mortgage loans, home equity, automobile loans, credit card, and other consumer loans and leases. The Company offers various types of deposits, such as demand deposits, interest checking deposits, savings deposits, money market deposits, transaction deposits and other time deposits.

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