On May 21, 2025, Jefferies, a renowned financial services company, announced the initiation of coverage on Synovus Financial (SNV, Financial) with a "Hold" rating. This move by Jefferies analyst David Chiaverini sets the stage for investors and stakeholders eager to gauge the stock's future trajectory.
The coverage initiation comes with a price target of USD 55.00, reflecting the analyst's expectations for Synovus Financial's stock performance. The price target suggests a specific valuation level, providing a benchmark for investors looking to make informed decisions on SNV.
The initiation by Jefferies provides a fresh perspective on SNV, adding a crucial piece of analysis as investors monitor Synovus Financial in a dynamic financial landscape. With the "Hold" rating, the firm signals a neutral outlook, neither recommending buying nor selling the stock at its current valuation.
Stay updated as Synovus Financial (SNV, Financial) continues to be a topic of interest for market participants, with analysts and investors closely watching its performance in the upcoming quarters.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Synovus Financial Corp (SNV, Financial) is $55.00 with a high estimate of $64.00 and a low estimate of $46.00. The average target implies an upside of 12.52% from the current price of $48.88. More detailed estimate data can be found on the Synovus Financial Corp (SNV) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Synovus Financial Corp's (SNV, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Synovus Financial Corp (SNV, Financial) in one year is $46.52, suggesting a downside of 4.83% from the current price of $48.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Synovus Financial Corp (SNV) Summary page.
