The stocks of TFC had their price target elevated by research analysts who have been covering the firm- from a sum of $46 to a sum of $57 in a research note that was published last Thursday. The firm has a rating of outperform on the company, which indicates a positive annual growth rate of about 11.39%.
The Quarterly Earnings of TFC
There have been quite a few research equities that have commented on the stocks of TFC. Credit Suisse Group has already increased the price target on the shares of the company from a sum of $4.25 to a sum of $52 in an 11th December research report. Robert W. Baird has reaffirmed their rating of neutral, and their price objective of $53 on the shares of the company. Barclays has noticeably increased the price target on the company from $47 to $59, while Morgan Stanly has increased it even further to $61, with a rating of equal weight on the stocks of the company. In the end, ValuEngine also joined in the fun, with a rating shifted from sell to hold in a research note that was published on the 10th of November.
Currently, there are thirteen different investment analysts who have given the stocks a rating of hold, while there are ten of them who have assigned it a rating of buy. The shares of TFC have a rating of hold, along with a price target of about $48.25.
The stocks of TFC traded at $1.17 last Thursday, where they hit $51.17. The year high of the company is $56.63, while the year low of the company is $24.01. The current ratio of the company is 0.93, while the debt-to-equity ratio of the company is 0.66. The market cap of the firm is $68.98 billion, with a PEG growth of around 1.43, and a PE ratio fixed at 17.32.
