Barclays (LON:BARC) analyst Jason Goldberg maintained a Buy rating on Fifth Third Bancorp (NASDAQ:FITB) on Tuesday, setting a price target of $44, which is approximately 20.75% above the present share price of $36.44.
Goldberg expects Fifth Third Bancorp to post earnings per share (EPS) of $0.79 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Fifth Third Bancorp, with an average price target of $41.33.
The analysts price targets range from a high of $46 to a low of $35.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.75 billion and a net profit of $0. The company's market cap is $25.9 billion.
According to TipRanks.com, Barclays analyst Jason Goldberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.1% and a 62.37% success rate.
Fifth Third Bancorp engages in the provision of banking & financial services, retail & commercial banking, consumer lending services and investment advisory services through its subsidiary Fifth Third Bank. It operates through the following segments: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. The Commercial Banking segment offers credit intermediation, cash management and financial services to large and middle-market businesses. The Branch Banking segment provides deposit, loan and lease products to individuals and small businesses. The Consumer Lending segment includes residential mortgage, home equity, automobile and indirect lending activities. The Wealth & Asset Management segment provides investment alternatives for individuals, companies and not-for-profit organizations. The company was founded in 1975 and is headquartered in Cincinnati, OH.