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Nomura downgraded Fifth Third Bancorp (NASDAQ:FITB) to Reduce in a report released today.

Nomura has downgraded Fifth Third Bancorp (NASDAQ:FITB) to Reduce in a report released on 10/10/2016.

Just yesterday Fifth Third Bancorp (NASDAQ:FITB) traded 0.00% even at $20.69. Fifth Third Bancorp’s 50-day moving average is $20.25 and its 200-day moving average is $18.61. The last stock price is up 11.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 5,127,587 shares of FITB changing hands under the typical 6,062,730

Recent Performance Chart

Fifth Third Bancorp (NASDAQ:FITB)

Fifth Third Bancorp has PE ratio of 10.08 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 analysts have released a report on Fifth Third Bancorp. Five analysts rating the company a strong buy, seven analysts rating the company a buy, twenty analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $19.88.

General Company Details For Fifth Third Bancorp (NASDAQ: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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