Fifth Third Bancorp (FITB) Receives a Buy from Jefferies
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According to TipRanks, Chiaverini is an analyst with an average return of -2.9% and a 46.33% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Fifth Third Bancorp, Huntington Bancshares, and M&T Bank.
Currently, the analyst consensus on Fifth Third Bancorp is a Moderate Buy with an average price target of $46.09, implying an 8.17% upside from current levels. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock with a $46.00 price target.
Based on Fifth Third Bancorp's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.08 billion and a net profit of $515 million. In comparison, last year the company earned a revenue of $3.27 billion and had a net profit of $520 million
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