Synovus Financial Corp. (NYSE:SNV) target price raised to $43.00, reported today by Zacks Investment Research
- Updated: November 30, 2016
In a report released on Wednesday November 30, 2016 Zacks Investment Research increased the stock price target of Synovus Financial Corp. (NYSE:SNV) to $43.00 reporting a possible upside of 0.11%.
Just yesterday Synovus Financial Corp. (NYSE:SNV) traded 0.44% higher at $38.84. Synovus Financial Corp.’s 50-day moving average is $34.94 and its 200-day moving average is $32.17. The last stock price is up 20.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,170,835 shares of SNV traded hands, up from an average trading volume of 1,007,520
Recent Performance Chart
Synovus Financial Corp. has 52 week low of $25.48 and a 52 week high of $39.25 with a PE ratio of 21.76 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 18 brokerages have issued a ratings update on the company. The average stock price target is $32.19 with 3 brokerages rating the stock a strong buy, 6 brokers rating the stock a buy, 7 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Synovus Financial Corp. (NYSE:SNV)
Synovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus Bank offers commercial banking services and retail banking services. Its commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Its retail banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services.
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