Sell-side PT & Stock Update on Fifth Third Bancorp (NASDAQ:FITB), ServiceNow, Inc. (NYSE:NOW)

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In the most recent session, Fifth Third Bancorp (NASDAQ:FITB) shares have traded +3.27%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $4.04 away from the 50-day moving average of $21.23 and $5.88 away from the 200-day moving average of $19.39. From a different angle, the stock has been recently recorded -1.33% off of the 52-week high of 25.61 and +82.59% removed from the 52-week low of 13.84. 

Currently, Fifth Third Bancorp has a price to earnings ratio of 11.21. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 4.01.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $22.17 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

In the most recent session, ServiceNow, Inc. (NYSE:NOW) shares have traded +0.77%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $2.63 away from the 50-day moving average of $80.64 and $8.84 away from the 200-day moving average of $74.43. From a different angle, the stock has been recently recorded -8.78% off of the 52-week high of 91.28 and +81.02% removed from the 52-week low of 46.00. 

Currently, ServiceNow, Inc. Common Stock has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 2.67.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $94.10 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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