Fifth Third Bancorp (NASDAQ: FITB) was the recipient of a ratings changes during the seven days:

  • Fifth Third Bancorp was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $17.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Fifth Third Bancorp was downgraded by analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Fifth Third Bancorp had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $16.50 price target on the stock.
  • Fifth Third Bancorp was downgraded by analysts at S&P Capital IQ to a “hold” rating. They now have a $16.00 price target on the stock.
  • Fifth Third Bancorp had its “outperform” rating reaffirmed by analysts at FBR Capital. They now have a $17.00 price target on the stock.
  • Fifth Third Bancorp was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating. They now have a $16.50 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.

Shares of Fifth Third Bancorp opened at 15.82 on Thursday. Fifth Third Bancorp has a one year low of $10.58 and a one year high of $16.16. The company has a market cap of $14.537 billion and a P/E ratio of 10.15.

Fifth Third Bancorp (the Bancorp) is a diversified financial services company. As of December 31, 2011, the Bancorp had $117 billion in assets, operated 15 affiliates with 1,316 full-service Banking Centers, including 104 Bank Mart locations open seven days a week inside select grocery stores, and 2,425 automated teller machines (ATMs) in 12 states throughout the Midwestern and Southeastern regions of the United States.