Truist Financial (TFC)
(Delayed Data from NYSE)
$43.84 USD
+1.97 (4.71%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $43.77 -0.07 (-0.16%) 7:58 PM ET
2-Buy of 5 2
B Value F Growth B Momentum C VGM
Truist Financial Corporation (TFC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$46.76 | $51.00 | $42.00 | 11.68% |
Price Target
Based on short-term price targets offered by 22 analysts, the average price target for Truist Financial Corporation comes to $46.76. The forecasts range from a low of $42.00 to a high of $51.00. The average price target represents an increase of 11.68% from the last closing price of $41.87.
Analyst Price Targets (22)
Broker Rating
Truist Financial Corporation currently has an average brokerage recommendation (ABR) of 2.17 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 23 brokerage firms. The current ABR compares to an ABR of 2.21 a month ago based on 24 recommendations.
Of the 23 recommendations deriving the current ABR, eight are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 34.78% and 13.04% of all recommendations. A month ago, Strong Buy made up 37.5%, while Buy represented 12.5%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/TFC.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 9 | 9 | 10 | 10 |
Buy | 3 | 3 | 3 | 3 | 3 |
Hold | 12 | 12 | 11 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 1 | 0 | 0 |
ABR | 2.17 | 2.13 | 2.21 | 1.95 | 1.95 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/9/2024 | Not Identified | Not Identified | Strong Sell | Hold |
7/24/2024 | Not Identified | Not Identified | Strong Buy | Hold |
7/23/2024 | Stephens | Terry J Mcevoy | Strong Buy | Strong Buy |
7/23/2024 | Keefe Bruyette & Woods | David J Konrad | Moderate Buy | Moderate Buy |
7/23/2024 | Argus Research Corp. | Stephen Biggar | Not Available | Strong Buy |
7/17/2024 | Robert W. Baird & Co. | David A George | Strong Buy | Hold |
7/2/2024 | Raymond James | Michael E Rose | Moderate Buy | Moderate Buy |
7/1/2024 | Goldman Sachs | Ryan M Nash | Strong Buy | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Hold | Hold |
5/9/2024 | Evercore Partners | John Pancari | Hold | Hold |
5/8/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/8/2024 | Not Identified | Not Identified | Hold | Hold |
4/26/2024 | Piper Sandler | Robert S Siefers | Hold | Hold |
4/23/2024 | Compass Point Research & Trading | David P Rochester | Hold | Strong Buy |
4/22/2024 | Not Identified | Not Identified | Hold | Hold |
4/8/2024 | Not Identified | Not Identified | Hold | Hold |
4/5/2024 | UBS | Erika Najarian | Strong Buy | Strong Buy |
3/28/2024 | Wells Fargo Securities | Michael L Mayo | Strong Buy | Strong Buy |
2/23/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.17 |
ABR (Last week) | 2.13 |
# of Recs in ABR | 23 |
Average Target Price | $46.76 |
LT Growth Rate | 6.00% |
Industry | Banks - Major Regional |
Industry Rank by ABR | 42 of 253 |
Current Quarter EPS Est: | 0.89 |