Critical Insights From Synovus Finl Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Synovus Financial Corp (NYSE:SNV) has seen varied analyst ratings over the last three months, with a mix of bullish to bearish perspectives among 22 analysts. The average 12-month price target is $41.82, a decrease from the previous $43.90. Analyst actions include both upgrades and downgrades, reflecting dynamic market conditions and company performance. Synovus Financial offers a range of banking services and has shown a negative revenue trend with a -7.92% growth over three months, a net margin of 21.35%, and an ROE of 2.53%. The company's market capitalization is below industry benchmarks, indicating potential growth challenges.
May 07, 2024 | 9:01 pm
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NEUTRAL IMPACT
Synovus Financial Corp has experienced a mix of analyst ratings, with a current average price target of $41.82, reflecting a downward adjustment from previous targets. The company's financial performance shows a negative revenue trend and a market capitalization below industry benchmarks, despite a strong ROE.
The mixed analyst ratings and the adjustment in price targets suggest uncertainty about Synovus Financial's short-term stock performance. The negative revenue trend and lower market capitalization could concern investors, potentially impacting stock price. However, the strong ROE indicates efficient equity capital use, which might offset some negative perceptions. The overall neutral score reflects these balancing factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100