Nomura Securities Starts Synovus Financial (SNV) at Neutral
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Price: $2.86 +2.14%
Rating Summary:
6 Buy, 9 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
6 Buy, 9 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade SNV Now!
Nomura Securities initiates coverage on Synovus Financial (NYSE: SNV) with a Neutral, $2.60 price target.
Analyst Brian Foran said, "SNV has the highest real estate concentration among our banks. Currently trades at 11x normalized EPS."
For more ratings news on Synovus Financial click here and for the rating history of Synovus Financial click here.
Shares of Synovus Financial closed at $2.73 yesterday, with a 52 week range of $1.45-$3.92.
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Analyst Brian Foran said, "SNV has the highest real estate concentration among our banks. Currently trades at 11x normalized EPS."
For more ratings news on Synovus Financial click here and for the rating history of Synovus Financial click here.
Shares of Synovus Financial closed at $2.73 yesterday, with a 52 week range of $1.45-$3.92.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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