Michael Rose, analyst at Raymond James, reiterates coverage on Synovus (SNV) in the Financial sector with a Buy rating. TipRanks.com has Rose rated as a 4 star analyst with a 6% return on investment and a 48% success rate. Rose has set a price target of $53.00 .
TipRanks.com reports that SNV currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $53.44 . The target pricing ranges from a high forecast of $59.00 down to a low forecast of $48.00 .
SNV’s last closing price was $41.00 which would put the average price target at 30.34% upside.
In addition, TradingView issued a Buy rating for SNV over the next month.
Remember, securities are volatile, so please do your own research on SNV.
Other analysts covering SNV include:
- Steven Duong of RBC Capital issued a buy rate with the price target of $51 on July 11th
- Jared Shaw of Wells Fargo issued a buy rate with the price target of $50 on July 1st
- Jennifer Demba of Truist Financial issued a buy rate with the price target of $57 in June
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