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Do Analysts Agree Friday on Synovus Financial Corp. (SNV) Stock's Target Price?

Friday, April 22, 2022 10:57 AM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Synovus Financial Corp. (SNV) Stock's Target Price?

Analysts who follow Synovus Financial Corp. (SNV) on average expect it to increase 32.96% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Synovus Financial Corp. an Analyst Ranking of 59, which means it ranks higher than 59 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.6
Wall Street analysts are rating SNV a Strong Buy today. Find out what this means to you and get the rest of the rankings on SNV!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Synovus Financial Corp. Stock Today?

Synovus Financial Corp. (SNV) stock is trading at $44.99 as of 10:52 AM on Friday, Apr 22, a loss of -$1.06, or -2.3% from the previous closing price of $46.05. The stock has traded between $44.90 and $46.34 so far today. Volume today is light. So far 156,549 shares have traded compared to average volume of 932,731 shares. Click Here to get the full Stock Report for Synovus Financial Corp. stock.

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