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Synovus Financial (SNV) Stock Forecast & Price Target

$45.90
+0.81 (+1.80%)
(As of 07/22/2024 ET)

Synovus Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 16 Wall Street analysts who have issued ratings for Synovus Financial in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 6 have given a hold rating, and 10 have given a buy rating for SNV.

Consensus Price Target

$45.81
-0.19% Downside
High Forecast$55.00
Average Forecast$45.81
Low Forecast$40.00

According to the 16 analysts' twelve-month price targets for Synovus Financial, the average price target is $45.81. The highest price target for SNV is $55.00, while the lowest price target for SNV is $40.00. The average price target represents a forecasted downside of -0.19% from the current price of $45.90.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
6 Buy rating(s)
Hold
6 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$45.81$41.50$41.18$37.50
Forecasted Upside-0.19% Downside14.98% Upside15.84% Upside18.79% Upside
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SNV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SNV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Synovus Financial Stock vs. The Competition

TypeSynovus FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.63
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside0.01% Upside36.54% Upside9.32% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$38.00 ➝ $41.00-9.81%
7/19/2024Barclays
2 of 5 stars
J. Shaw
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Boost TargetOverweight ➝ Overweight$46.00 ➝ $47.00+3.43%
7/19/2024DA Davidson
3 of 5 stars
G. Tenner
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Boost TargetBuy ➝ Buy$47.00 ➝ $55.00+21.95%
7/19/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$45.00 ➝ $49.00+8.65%
7/19/2024Stephens
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 Boost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $46.00+1.59%
7/19/2024Truist Financial
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 Boost TargetBuy ➝ Buy$44.00 ➝ $50.00+10.42%
7/19/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$42.00 ➝ $53.00+17.70%
7/9/2024Keefe, Bruyette & Woods
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 Boost TargetMarket Perform ➝ Market Perform$38.00 ➝ $42.00+7.20%
7/9/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$40.00 ➝ $42.00+6.82%
7/3/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$44.00 ➝ $47.00+16.08%
6/27/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$48.00 ➝ $49.00+29.94%
4/19/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$46.00 ➝ $41.00+19.57%
4/19/2024Bank of America
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 Lower TargetBuy ➝ Buy$44.00 ➝ $40.00+17.92%
4/18/2024Raymond James
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 DowngradeStrong-Buy ➝ Market Perform
3/28/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$40.00 ➝ $42.00+4.90%
1/23/2024UBS Group
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 Boost TargetBuy ➝ Buy$42.00 ➝ $44.00+14.97%
6/29/2023888
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 Reiterated RatingMaintains
4/24/2023Janney Montgomery Scott
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 UpgradeNeutral ➝ Buy$38.00+22.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:32 PM ET.

SNV Forecast - Frequently Asked Questions

What is Synovus Financial's forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Synovus Financial is $45.81, with a high forecast of $55.00 and a low forecast of $40.00.

Should I buy or sell Synovus Financial stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synovus Financial in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SNV shares.

Does Synovus Financial's stock price have much upside?

According to analysts, Synovus Financial's stock has a predicted upside of 11.25% based on their 12-month stock forecasts.

Has Synovus Financial been upgraded by Wall Street analysts recently?

Over the previous 90 days, Synovus Financial's stock had 1 upgrade by analysts.

What analysts cover Synovus Financial?
Do Wall Street analysts like Synovus Financial more than its competitors?

Analysts like Synovus Financial more than other "finance" companies. The consensus rating for Synovus Financial is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SNV compares to other companies.


This page (NYSE:SNV) was last updated on 7/22/2024 by MarketBeat.com Staff

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