Fifth Third Bancorp (FITB) Earning Somewhat Favorable Media Coverage, Study Shows
Media stories about Fifth Third Bancorp (NASDAQ:FITB) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fifth Third Bancorp earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.7497779911301 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Don’t Forget to Observe This Stock: Fifth Third Bancorp (FITB) (bitcoinpriceupdate.review)
- Investors Spotlight: Fifth Third Bancorp (FITB) (nysedaily.com)
- What’s Unfolding For Shares of Fifth Third Bancorp (NasdaqGS:FITB) (baycityobserver.com)
- Hot Stock Listing: Fifth Third Bancorp (FITB), Church & Dwight Co. (CHD) (247trendingnews.website)
- Downtown Cincinnati shooter, victims had no known link (dispatch.com)
Fifth Third Bancorp stock opened at $29.39 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.89. Fifth Third Bancorp has a 12 month low of $25.75 and a 12 month high of $34.67. The firm has a market cap of $19.70 billion, a PE ratio of 10.97, a P/E/G ratio of 1.64 and a beta of 1.25.
FITB has been the topic of several research analyst reports. Nomura cut shares of Fifth Third Bancorp from a “neutral” rating to a “reduce” rating and set a $36.00 price objective on the stock. in a research report on Monday, May 21st. FIG Partners cut shares of Fifth Third Bancorp from an “outperform” rating to a “market perform” rating in a research report on Monday, May 21st. ValuEngine cut shares of Fifth Third Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, May 22nd. BidaskClub cut shares of Fifth Third Bancorp from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, May 22nd. Finally, Robert W. Baird upgraded shares of Fifth Third Bancorp from an “underperform” rating to a “neutral” rating and set a $32.00 price objective on the stock in a research report on Tuesday, May 22nd. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the stock. Fifth Third Bancorp presently has an average rating of “Hold” and a consensus price target of $32.18.
About Fifth Third Bancorp
Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.
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