Jefferies (NYSE:JEF) analyst Casey Haire maintained a Buy rating on Synovus (NYSE:SNV) on Thursday, setting a price target of $50, which is approximately 1.21% above the present share price of $49.4.
Haire expects Synovus to post earnings per share (EPS) of $1.20 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Synovus, with an average price target of $54.71.
The analysts price targets range from a high of $56 to a low of $52.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $488.95 million and a net profit of $0. The company's market cap is $7.23 billion.
According to TipRanks.com, Jefferies analyst Casey Haire is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.5% and a 72.86% success rate.
Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.