The leading market experts have placed a mean price target of $32.78 on Synovus Financial Corp. (NYSE:SNV) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.49 a share for the upcoming quarter and $1.87 for the current fiscal. Technical View The technical analysis of Synovus Financial Corp. Common plainly substantiates that the 50-day moving average of Synovus Financial Corp. Common is $30.72, and stock is hovering -3.08 or -10.03% distant from $30.72. It is noted that the 200-day MA is $29.83, and Synovus Financial Corp. Common stock is $-2.19 or -7.34% off from this point. Synovus Financial Corp. (NYSE:SNV) 52-week high is $33.80 and the 52-week low is $25.48. This explains if the stock moves $-6.16, it will post a 52-week high. In event of $+8.48% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Synovus Financial Corp. Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Synovus Financial Corp. (NYSE:SNV) ratio came in at 16.95. The stock last ended the trading session at $27.64 and registered a market cap of $3.47B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Synovus Financial Corp. (NYSE:SNV) PEG ratio is at 1.81.
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