Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Synovus Finl (NYSE:SNV) in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 4 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 2 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $61.12, a high estimate of $76.00, and a low estimate of $54.00. This upward trend is apparent, with the current average reflecting a 10.93% increase from the previous average price target of $55.10.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Synovus Finl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Russell Gunther | Stephens & Co. | Maintains | Equal-Weight | $58.00 | $58.00 |
| Anthony Elian | JP Morgan | Lowers | Overweight | $60.50 | $63.00 |
| Nicholas Holowko | UBS | Announces | Buy | $76.00 | - |
| Jon Arfstrom | RBC Capital | Maintains | Outperform | $64.00 | $64.00 |
| Brad Milsaps | Piper Sandler | Raises | Overweight | $64.00 | $56.00 |
| Bernard von-Gizycki | Deutsche Bank | Announces | Buy | $64.00 | - |
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $55.00 | $51.00 |
| Ryan Nash | Goldman Sachs | Raises | Neutral | $62.00 | $52.00 |
| Jared Shaw | Barclays | Raises | Overweight | $64.00 | $56.00 |
| John Pancari | Evercore ISI Group | Raises | In-Line | $54.00 | $48.00 |
| Manan Gosalia | Morgan Stanley | Raises | Equal-Weight | $55.00 | $51.00 |
| Brandon King | Truist Securities | Raises | Buy | $57.00 | $52.00 |
Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Synovus Finl. This offers insight into analysts' perspectives on the current state of the company. Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Synovus Finl compared to the broader market. Price Targets: Understanding forecasts, analysts offer estimates for Synovus Finl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Synovus Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Synovus Finl analyst ratings.
Get to Know Synovus Finl Better
Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.
Synovus Finl: A Financial Overview
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining Synovus Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.65% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Synovus Finl's net margin is impressive, surpassing industry averages. With a net margin of 30.51%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Synovus Finl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.63%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Synovus Finl's ROA excels beyond industry benchmarks, reaching 0.28%. This signifies efficient management of assets and strong financial health.
Debt Management: Synovus Finl's debt-to-equity ratio is below the industry average. With a ratio of 0.42, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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Latest Ratings for SNV
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Raymond James | Maintains | Outperform | |
| Dec 2021 | JP Morgan | Upgrades | Neutral | Overweight |
| Dec 2021 | Morgan Stanley | Maintains | Overweight |
View More Analyst Ratings for SNV
View the Latest Analyst Ratings
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