<div id="readability-page-1"><p><span>Fifth Third Bancorp (NASDAQ:FITB - Get Free Report)</span> had its price target boosted by equities research analysts at Robert W. Baird  from $50.00 to $55.00 in a report issued on Wednesday,MarketScreener reports. Robert W. Baird's price target indicates a potential upside of 14.79% from the stock's previous close.</p><div><p><span></span><span>Get <strong>Fifth Third Bancorp</strong> alerts:</span></p></div><ul><li>3 Regional Bank Stocks That Crushed Q3 Earnings</li></ul><p>Several other equities research analysts have also issued reports on the stock. DA Davidson raised their target price on shares of Fifth Third Bancorp from $47.00 to $52.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, October 8th. Jefferies Financial Group raised their price objective on shares of Fifth Third Bancorp from $50.00 to $55.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday, December 1st. Morgan Stanley  set a $60.00 target price on Fifth Third Bancorp and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, October 7th. Argus increased their price target on Fifth Third Bancorp from $46.00 to $49.00 in a report on Tuesday, October 7th. Finally, Royal Bank Of Canada boosted their price objective on Fifth Third Bancorp from $46.00 to $52.00 and gave the company an &#34;outperform&#34; rating in a report on Friday, December 12th. One research analyst  has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned  a Hold rating to the company's stock. According to data from MarketBeat, Fifth Third Bancorp currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $51.60.</p><p><b>Get Our Latest Research Report on Fifth Third Bancorp</b></p><h2>Fifth Third Bancorp Stock Performance</h2><ul><li>3 High-Yield Banks for Investors to Buy on the Dip</li></ul><p>NASDAQ FITB opened at $47.91 on Wednesday. The business's 50 day moving average price is $43.31 and its 200-day moving average price is $43.00. Fifth Third Bancorp has a fifty-two week low of $32.25 and a fifty-two week high of $48.71. The company has a market cap of $31.67 billion, a P/E ratio of 14.32, a P/E/G ratio of 0.97 and a beta of 0.99. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.82 and a current ratio of 0.82. </p><p>Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter. The company had revenue of $3.82 billion during the quarter. Fifth Third Bancorp had a return on equity of 13.41% and a net margin of 18.67%. Sell-side analysts predict that  Fifth Third Bancorp will post 3.68 earnings per share for the current year. </p><h2>Insider Activity at Fifth Third Bancorp</h2><ul><li>5 Hot Stocks With Summer Buybacks You Can Cash In On</li></ul><p>In other Fifth Third Bancorp news, Director Evan Bayh acquired 3,000 shares of Fifth Third Bancorp stock in a transaction that occurred on Monday, October 20th. The stock was bought at an average price of $41.22 per share, with a total value of $123,660.00. Following the completion of the purchase, the director directly owned 84,942 shares of the company's stock, valued at approximately $3,501,309.24. This represents a 3.66% increase in their position. The purchase was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, EVP Jude Schramm sold 2,250 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $48.50, for a total value of $109,125.00. Following the sale, the executive vice president directly owned 129,191 shares in the company, valued at $6,265,763.50. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. 0.53% of the stock is currently owned by corporate insiders. </p><h2>Institutional Investors Weigh In On Fifth Third Bancorp</h2><p>A number of institutional investors have recently added to or reduced their stakes in FITB. Westside Investment Management Inc. lifted its position in shares of  Fifth Third Bancorp by 100.0% during the third quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider's stock valued at $26,000 after buying an additional 292 shares during the last quarter.  Evolution Wealth Management Inc. purchased a new position in shares of  Fifth Third Bancorp in the 2nd quarter worth approximately $26,000.  United Community Bank raised its stake in shares of  Fifth Third Bancorp by 581.0% during the 3rd quarter. United Community Bank now owns 681 shares of the financial services provider's stock worth $30,000 after acquiring an additional 581 shares in the last quarter.  Activest Wealth Management lifted its position in  Fifth Third Bancorp by 1,043.3% during the second quarter. Activest Wealth Management now owns 686 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 626 shares during the last quarter.  Finally, Banque Transatlantique SA acquired a new stake in  Fifth Third Bancorp in the first quarter valued at approximately $27,000. Institutional investors own  83.79% of the company's stock. </p><h2>Fifth Third Bancorp Company Profile</h2> (Get Free Report)<p>Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Fifth Third Bancorp</li><li>There Are Different Types of Stock To Invest In</li><li>Cannabis Stocks Up for Reversal: Pipedreams or Opportunity?</li><li>How to invest in marijuana stocks in 7 steps </li><li>Rate Cuts Make These 3 Income ETFs More Attractive Than Ever</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RklUQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RklUQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fifth Third Bancorp Right Now?</h2><p>Before you consider Fifth Third Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth Third Bancorp wasn't on the list.</p><p>While Fifth Third Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FITB

<p>Robert W. Baird has increased the price target for Fifth Third Bancorp (NASDAQ:FITB) from $50.00 to $55.00, indicating a potential upside of 14.79%. Other analysts have also raised their targets, with a consensus rating of "Moderate Buy" and a target price of $51.60. The stock opened at $47.91, with a market cap of $31.67 billion. Recent insider trading includes a purchase by Director Evan Bayh and a sale by EVP Jude Schramm.</p>

Robert W. Baird Raises Fifth Third Bancorp (NASDAQ:FITB) Price Target to $55.00