Synovus Financial Corp. (NYSE:SNV) had its Equal Weight ➝ Hold rating reiterated by Morgan Stanley with a $56.00 price target

ME Staff
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Analyst Ratings For Synovus Financial Corp. (NYSE:SNV)

Today, Morgan Stanley reiterated its Equal Weight rating on Synovus Financial Corp. (NYSE:SNV) with a price target of $56.00.

There are 11 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Synovus Financial Corp. (NYSE:SNV) is Hold with a consensus target price of $51.1538 per share, a potential 3.97% upside.

Some recent analyst ratings include

  • 7/31/2018-Morgan Stanley Reiterated Rating of Equal Weight .
  • 7/24/2018-Stephens was Downgraded by analysts at Stephens from a “Overweight ” rating to a ” Equal” rating. They now have a $31.00 price target on the stock.
  • 4/25/2018-Wells Fargo & Co Reiterated Rating of Market Perform .
  • 4/24/2018-SunTrust Banks Reiterated Rating of Buy.
  • 4/9/2018-Piper Jaffray Companies initiated coverage with a Neutral rating.

Recent Insider Trading Activity For Synovus Financial Corp. (NYSE:SNV)
Synovus Financial Corp. (NYSE:SNV) has insider ownership of 1.50% and institutional ownership of 80.26%.

  • On 7/27/2018 Allan E Kamensky, EVP, bought 1,000 with an average share price of $50.06 per share and the total transaction amounting to $50,060.00.
  • On 7/27/2018 Diana M Murphy, Director, bought 2,000 with an average share price of $49.68 per share and the total transaction amounting to $99,360.00.
  • On 6/21/2018 Allen J Gula, EVP, bought 2,000 with an average share price of $25.00 per share and the total transaction amounting to $50,000.00.
  • On 6/21/2018 Mark G Holladay, VP, bought 4,000 with an average share price of $25.00 per share and the total transaction amounting to $100,000.00.
  • On 6/21/2018 Philip W Tomlinson, Director, bought 10,000 with an average share price of $25.00 per share and the total transaction amounting to $250,000.00.
  • On 5/16/2018 Curtis J Perry, EVP, sold 2,000 with an average share price of $54.36 per share and the total transaction amounting to $108,720.00.
  • On 2/1/2018 Allen J Gula, COO, sold 2,450 with an average share price of $50.22 per share and the total transaction amounting to $123,039.00.

About Synovus Financial Corp. (NYSE:SNV)
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The company's commercial banking services comprise cash management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services consist of accepting various types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfer services; Internet based banking services; and bank credit card services, including MasterCard and Visa services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, asset management and financial planning services, and individual investment advice on equity and other securities, as well as trust services. As of December 31, 2017, it operated through 28 divisions and 250 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, Georgia.

Recent Trading Activity for Synovus Financial Corp. (NYSE:SNV)
Shares of Synovus Financial Corp. closed the previous trading session at 49,28 −0,43 0,87 % with 49.11 shares trading hands.