Truist Financial Price Target, Predictions & Analyst Ratings

-0.02 (-0.04 %)
(As of 06/22/2021 01:21 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume136,828 shs
Average Volume5.96 million shs
Market Capitalization$73.27 billion
P/E Ratio16.31
Dividend Yield3.41%

Truist Financial (NYSE:TFC) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
11 Wall Street analysts have issued ratings and price targets for Truist Financial in the last 12 months. Their average twelve-month price target is $59.57, predicting that the stock has a possible upside of 9.35%. The high price target for TFC is $68.00 and the low price target for TFC is $47.00. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold." Truist Financial also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at this link.
TypeToday30 Days Ago90 Days Ago180 Days Ago
TFC Consensus Rating: HoldHoldBuyBuy
TFC Consensus Rating Score: 2.362.362.532.58
TFC Analyst Ratings: 0 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
9 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
TFC Consensus Price Target: $59.57$59.00$49.68$46.61
TFC Price Target Upside: 9.35% upside11.60% upside17.88% upside24.21% upside

Truist Financial (NYSE:TFC) Consensus Price Target History

Average Share Price and Price Target 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.

Truist Financial (NYSE:TFC) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/18/2021Compass PointBoost Price TargetBuy ➝ Buy$65.00 ➝ $67.00Medium
5/17/2021Raymond JamesReiterated RatingOutperform ➝ Market PerformLow
5/3/2021JPMorgan Chase & Co.Boost Price Target$60.50 ➝ $63.00Low
4/9/2021Jefferies Financial GroupBoost Price Target$55.00 ➝ $66.00High
4/7/2021BarclaysBoost Price Target$59.00 ➝ $64.00Low
3/30/2021StephensBoost Price Target$54.00 ➝ $66.00Low
3/24/2021Morgan StanleyBoost Price TargetEqual Weight$65.00 ➝ $68.00Medium
3/15/2021Deutsche Bank AktiengesellschaftBoost Price Target$56.00 ➝ $65.00Low
1/22/2021Credit Suisse GroupBoost Price TargetNeutral$52.00 ➝ $53.00Medium
1/22/2021Bank of AmericaBoost Price TargetBuy$58.00 ➝ $59.00Medium
1/7/2021Robert W. BairdReiterated RatingOutperform ➝ Neutral$53.00N/A
1/7/2021TruistDowngradeBuy ➝ HoldN/A
11/19/2020Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$49.00 ➝ $50.00Medium
10/16/2020ArgusBoost Price Target$45.00 ➝ $48.00Low
7/31/2020Wolfe ResearchInitiated CoverageOutperformMedium
7/17/2020BMO Capital MarketsBoost Price Target$42.00 ➝ $47.00Low
7/6/2020Royal Bank of CanadaReiterated RatingBuyLow
6/5/2020Wells Fargo & CompanyBoost Price Target$40.00 ➝ $51.00Low
5/4/2020UBS GroupBoost Price TargetNeutral$36.00Medium
4/21/2020CfraLower Price TargetBuy$56.00 ➝ $39.00Medium
4/21/2020Piper SandlerUpgradeNeutral ➝ Overweight$41.00Medium
4/9/2020Janney Montgomery ScottLower Price TargetNeutral$57.00 ➝ $37.00Medium
3/27/2020CitigroupLower Price TargetNeutral$57.00 ➝ $41.00Medium
2/3/2020Odeon Capital GroupDowngradeBuy ➝ HoldLow
12/9/2019The Goldman Sachs GroupInitiated CoverageBuyLow
2/8/2019FIG PartnersUpgradeMarket Perform ➝ Outperform$60.00Low
10/15/2018B. RileySet Price TargetBuy$56.00Low
7/20/2018Piper Jaffray CompaniesReiterated RatingHold$52.00Medium
(Data available from 6/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 6/22/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.