There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Brookfield Corporation (BN – Research Report), Fifth Third Bancorp (FITB – Research Report) and Bank of New York Mellon Corporation (BK – Research Report) with bullish sentiments.
Brookfield Corporation (BN)
In a report issued on February 9, Ken Worthington from J.P. Morgan maintained a Buy rating on Brookfield Corporation, with a price target of $49.00. The company’s shares closed last Friday at $40.84, close to its 52-week high of $41.23.
According to TipRanks.com, Worthington is a 4-star analyst with an average return of
Brookfield Corporation has an analyst consensus of Strong Buy, with a price target consensus of $48.63, implying a 19.3% upside from current levels. In a report issued on February 1, Scotiabank also maintained a Buy rating on the stock with a $49.00 price target.
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Fifth Third Bancorp (FITB)
In a report released today, Gerard Cassidy from RBC Capital maintained a Buy rating on Fifth Third Bancorp, with a price target of $38.00. The company’s shares closed last Friday at $33.65.
According to TipRanks.com, Cassidy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fifth Third Bancorp with a $39.35 average price target.
Bank of New York Mellon Corporation (BK)
In a report issued on February 7, Vivek Juneja from J.P. Morgan maintained a Buy rating on Bank of New York Mellon Corporation, with a price target of $61.50. The company’s shares closed last Friday at $55.22, close to its 52-week high of $56.43.
According to TipRanks.com, Juneja is a 4-star analyst with an average return of
Currently, the analyst consensus on Bank of New York Mellon Corporation is a Moderate Buy with an average price target of $61.46.
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Read More on BN:
- Brookfield Corporation Reports Strong 2023 Results
- Brookfield Corp. reports Q4 distributable EPS 83c vs. 94c last year
- BN Upcoming Earnings Report: What to Expect?
- Brookfield Corp. price target raised to $61 from $55 at TD Securities
- Brookfield Corp. price target raised to $49 from $46.25 at Scotiabank
