Evercore ISI Reaffirms In-Line Rating for Synovus Financial (NYSE:SNV)
From MarketBeat:
Evercore ISI reiterated its “in-line” rating for Synovus Financial’s stock, with a price target of $40.00. Other analysts have also weighed in, resulting in a consensus rating of “Moderate Buy” and a price target expectation of $35.79. The stock’s projections show a potential upside of 6.62% from the previous close. Synovus Financial has a 52 week low of $24.40 and a high of $44.44. Market capitalization is $5.49 billion with a revenue of $550.30 million. The stock has seen increased institutional investment recently. SYN, opened at $37.52 on Wednesday, and analysts expect the company to post $4.24 EPS for the current year. Major shareholder Eli Samaha acquired 4,279 shares of the firm’s stock in a recent transaction. Insider activity also includes an EVP selling 19,301 shares. Synovus Financial Corp. provides commercial and consumer banking products and services, including treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans.
Read more: Evercore ISI Reaffirms In-Line Rating for Synovus Financial (NYSE:SNV)