Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Fifth Third Bancorp (FITB – Research Report) and American Express (AXP – Research Report).
Fifth Third Bancorp (FITB)
In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Fifth Third Bancorp, with a price target of $43.00. The company’s shares closed last Friday at $36.25, close to its 52-week high of $37.41.
According to TipRanks.com, Goldberg is a 5-star analyst with an average return of
Currently, the analyst consensus on Fifth Third Bancorp is a Moderate Buy with an average price target of $39.46, an 8.3% upside from current levels. In a report issued on April 19, Wedbush also maintained a Buy rating on the stock with a $44.00 price target.
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American Express (AXP)
In a report released today, Terry Ma from Barclays maintained a Hold rating on American Express, with a price target of $221.00. The company’s shares closed last Friday at $231.04, close to its 52-week high of $231.69.
According to TipRanks.com, Ma is a 3-star analyst with an average return of
Currently, the analyst consensus on American Express is a Moderate Buy with an average price target of $223.81, which is a 2.3% upside from current levels. In a report issued on April 15, Morgan Stanley also maintained a Hold rating on the stock with a $222.00 price target.
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Read More on FITB:
- Fifth Third Bancorp Shareholders Affirm Board and Financial Plans
- Early notable gainers among liquid option names on April 19th
- Fifth Third reports Q1 net interest margin 2.86% vs 3.29% last year
- Fifth Third sees FY24 revenue down 1% to 2% compared to FY23, consensus $8.61B
- Fifth Third sees Q2 revenue up approximately 1% vs Q1, consensus $2.13B
