Brady Gailey analyst at KBW reiterates coverage on Synovus (SNV) in the Financial sector with a Buy rating. TipRanks.com has Gailey rated as a 4.1 star analyst with a 62% return on investment and a 8.8% success rate. Gailey has set a price target of $56.
TipRanks.com reports that Synovus currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $56.64. The target pricing ranges from a high forecast of $68.00 down to a low forecast of $50.00. Synovus (SNV)’s last closing price was $45.76 which would put the average price target at 23.78% upside.
In addition, TradingView issued a Sell rating for SNV over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SNV.
Other analysts covering SNV include:
- Steven Alexopoulos of J.P. Morgan issued a Buy rating with the price target of $56 on 6 days ago
- Ken Zerbe of Morgan Stanley issued a Buy rating with the price target of $68 on 2 weeks ago
- Steven Duong of RBC Capital issued a Buy rating with the price target of $56 on 4 weeks ago
- Jennifer Demba of Truist Financial issued a Buy rating with the price target of $58 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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