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GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
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MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)

Truist Financial (TFC) Stock Forecast & Price Target

$36.17
+0.91 (+2.58%)
(As of 03/4/2024 ET)

Truist Financial Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$39.87
10.20% Upside
High Forecast$53.00
Average Forecast$39.87
Low Forecast$28.00
TypeCurrent Forecast
3/5/23 to 3/4/24
1 Month Ago
2/3/23 to 2/3/24
3 Months Ago
12/5/22 to 12/5/23
1 Year Ago
3/5/22 to 3/5/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
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)
10 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
10 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$39.87$39.87$37.41$51.91
Predicted Upside10.20% Upside15.07% Upside15.60% Upside12.67% Upside
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TFC Analyst Ratings 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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TFC 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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Truist Financial Stock vs. The Competition

TypeTruist FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.53
2.43
2.48
Consensus RatingModerate BuyHoldHold
Predicted Upside9.64% Upside67.54% Upside6.51% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/30/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$38.00 ➝ $43.00+12.92%
1/19/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$37.00 ➝ $38.00+4.37%
1/19/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$40.00 ➝ $42.00+16.73%
1/19/2024Keefe, Bruyette & Woods
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 Boost TargetOutperform ➝ Outperform$42.00 ➝ $44.00+22.29%
1/17/2024UBS Group
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 Boost TargetBuy ➝ Buy$37.00 ➝ $45.00+26.55%
1/5/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$34.00 ➝ $41.00+9.36%
1/4/2024Bank of America
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 UpgradeNeutral ➝ Buy$43.00+17.81%
1/2/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$40.00 ➝ $42.00+13.76%
12/14/2023Odeon Capital Group
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 UpgradeHold ➝ Buy$40.45+13.98%
11/20/2023Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$31.00 ➝ $33.00+3.32%
10/10/2023Jefferies Financial Group
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 Lower Target$31.00 ➝ $28.00+2.08%
9/7/2023HSBC
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 Initiated CoverageHold$29.00-2.46%
7/24/2023Citigroup
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 Lower TargetBuy$41.00 ➝ $39.00+16.94%
7/24/2023Stephens
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 Lower TargetEqual Weight$40.00 ➝ $37.00+11.95%
7/21/2023Wells Fargo & Company
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 Lower TargetOverweight$42.00 ➝ $40.00+21.01%
4/21/2023Credit Suisse Group
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 Lower TargetNeutral$52.00 ➝ $40.00+19.47%
4/10/2023JPMorgan Chase & Co.
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 Lower TargetNeutral$50.00 ➝ $41.00+25.23%
3/30/2023The Goldman Sachs Group
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 Lower TargetBuy$55.00 ➝ $39.00+15.21%
3/13/2023Robert W. Baird
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 UpgradeNeutral ➝ Outperform$53.00+36.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:30 PM ET.












TFC Price Target - Frequently Asked Questions

What is Truist Financial's consensus rating and price target?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Truist Financial stock is Moderate Buy based on the current 9 hold ratings and 10 buy ratings for TFC. The average twelve-month price prediction for Truist Financial is $39.87 with a high price target of $53.00 and a low price target of $28.00. Learn more on TFC's analyst rating history.

Do Wall Street analysts like Truist Financial more than its competitors?

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

Is Truist Financial being upgraded by Wall Street analysts?

Over the previous 90 days, Truist Financial's stock had 2 upgrades by analysts.

Does Truist Financial's stock price have much upside?

According to analysts, Truist Financial's stock has a predicted upside of 15.07% based on their 12-month stock forecasts.

What analysts cover Truist Financial?
Does Truist Financial rate other companies?

Truist Financial also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.


Stock Ratings Reports and Tools

This page (NYSE:TFC) was last updated on 3/4/2024 by MarketBeat.com Staff