There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Truist Financial (TFC – Research Report) and Fidelis Insurance Holdings Ltd. (FIHL – Research Report) with bullish sentiments.
Truist Financial (TFC)
In a report issued on May 7, David George from Robert W. Baird maintained a Buy rating on Truist Financial, with a price target of $45.00. The company’s shares closed last Thursday at $39.10, close to its 52-week high of $40.35.
According to TipRanks.com, George is a 5-star analyst with an average return of
Truist Financial has an analyst consensus of Moderate Buy, with a price target consensus of $42.88, implying a 10.8% upside from current levels. In a report issued on April 24, Compass Point also upgraded the stock to Buy with a $42.00 price target.
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Fidelis Insurance Holdings Ltd. (FIHL)
In a report released today, Matthew Carletti from JMP Securities reiterated a Buy rating on Fidelis Insurance Holdings Ltd., with a price target of $24.00. The company’s shares closed last Thursday at $19.31, close to its 52-week high of $20.53.
According to TipRanks.com, Carletti is a 5-star analyst with an average return of
Fidelis Insurance Holdings Ltd. has an analyst consensus of Strong Buy, with a price target consensus of $21.13.
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Read More on TFC:
- Truist Financial resumed with an In Line at Evercore ISI
- Truist Financial price target raised to $41 from $40 at HSBC
- Truist Financial Divests Insurance Unit, Restructures Investments
- Truist completes previously announced sale of Truist Insurance Holdings to investor group led by Stone Point Capital and CD&R
- Truist completes sale of Truist Insurance Holdings and executes strategic balance sheet repositioning
