Susquehanna Sticks to Their Hold Rating for Fifth Third Bancorp


Susquehanna analyst Jack Micenko reiterated a Hold rating on Fifth Third Bancorp (NASDAQ: FITB) on July 10 and set a price target of $37. The company’s shares closed yesterday at $29.09.

According to TipRanks.com, Micenko is a 2-star analyst with an average return of 0.4% and a 39.7% success rate. Micenko covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Credit Acceptance Corp, and Regions Financial.

Currently, the analyst consensus on Fifth Third Bancorp is a Hold with an average price target of $34.07, which is a 17.1% upside from current levels. In a report issued on July 9, BMO Capital also reiterated a Hold rating on the stock with a $34 price target.

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The company has a one-year high of $34.67 and a one-year low of $24.66. Currently, Fifth Third Bancorp has an average volume of 6.66M.

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Fifth Third Bancorp engages in the provision of banking and financial services, retail and 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.

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