Truist Financial - TFC Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $55.09
Forecasted Upside: 22.26 %
Number of Analysts: 16
Breakdown:
1 Sell Ratings
8 Hold Ratings
7 Buy Ratings
0 Strong Buy Ratings

^$45.06 As of 12/2/2022 01:00 AM ET

▼ -1.16 (-2.51%)

1 month | 3 months | 12 months

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Analyst Price Target for TFC

^$55.09

▲ +22.26% Upside Potential

This price target is based on 16 analysts offering 12 month price targets for Truist Financial in the last 3 months. The average price target is $55.09, with a high forecast of $77.00 and a low forecast of $41.00. The average price target represents a 22.26% upside from the last price of $45.06.

Current Consensus is Hold

The current consensus among 16 polled investment analysts is to hold stock in Truist Financial. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
1 buy ratings
9 hold ratings
1 sell ratings

Ratings as of

6/12/2021

0 strong buy ratings
0 buy ratings
10 hold ratings
0 sell ratings

Ratings as of

9/10/2021

0 strong buy ratings
1 buy ratings
10 hold ratings
1 sell ratings

Ratings as of

12/9/2021

0 strong buy ratings
3 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

3/9/2022

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

6/7/2022

0 strong buy ratings
5 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

9/5/2022

0 strong buy ratings
7 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

11/4/2022

0 strong buy ratings
7 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

12/4/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/21/2022	Morgan Stanley	Boost Target	Equal Weight	$55.00 ➝ $59.00	Low
11/2/2022	JPMorgan Chase & Co.	Lower Target		$48.50 ➝ $47.50	Low
10/20/2022	Compass Point	Lower Target		$45.00	Low
10/19/2022	Barclays	Lower Target	Equal Weight	$61.00 ➝ $57.00	Low
10/19/2022	Royal Bank of Canada	Lower Target	Outperform	$70.00 ➝ $60.00	Low
10/19/2022	Evercore ISI	Downgrade	Outperform ➝ Neutral	$54.00 ➝ $47.00	Low
10/11/2022	JPMorgan Chase & Co.	Lower Target		$56.50 ➝ $48.50	Low
10/5/2022	Morgan Stanley	Lower Target	Equal Weight	$56.00 ➝ $55.00	Low
9/30/2022	The Goldman Sachs Group	Lower Target	Buy	$57.00 ➝ $51.00	Low
9/28/2022	Piper Sandler	Upgrade	Neutral ➝ Overweight	$52.00 ➝ $55.00	Low
9/12/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$70.00 ➝ $61.00	Low
8/15/2022	Compass Point	Downgrade	Buy ➝ Neutral	$55.00	Low
7/22/2022	Piper Sandler	Lower Target		$52.00	Low
7/22/2022	Credit Suisse Group	Lower Target		$52.00	Low
7/22/2022	Barclays	Lower Target		$61.00	Low
7/12/2022	Citigroup	Lower Target	Neutral	$58.00 ➝ $52.00	Low
7/12/2022	Morgan Stanley	Lower Target	Equal Weight	$63.00 ➝ $56.00	N/A
7/11/2022	Jefferies Financial Group	Lower Target		$56.00 ➝ $51.00	N/A
7/1/2022	Wells Fargo & Company	Lower Target	Overweight	$69.00 ➝ $59.00	Low
6/7/2022	Stephens	Lower Target	Overweight	$74.00 ➝ $64.00	Low
5/31/2022	The Goldman Sachs Group	Lower Target	Buy	$68.00 ➝ $57.00	High
5/26/2022	Wolfe Research	Lower Target	Underperform	$57.00 ➝ $41.00	Low
4/20/2022	Piper Sandler	Lower Target		$69.00 ➝ $62.00	Low
4/11/2022	Citigroup	Downgrade	Buy ➝ Neutral	$75.00 ➝ $58.00	Low
4/8/2022	Bank of America	Downgrade	Buy ➝ Neutral	$58.00	Low
3/28/2022	Morgan Stanley	Lower Target	Equal Weight	$72.00 ➝ $63.00	Medium
1/24/2022	Credit Suisse Group	Boost Target	Neutral	$62.00 ➝ $63.00	High
1/19/2022	UBS Group	Upgrade	Neutral ➝ Buy	$63.00 ➝ $77.00	High
1/19/2022	Stephens	Boost Target	Overweight	$72.00 ➝ $73.50	High
1/19/2022	Piper Sandler	Downgrade	Overweight ➝ Neutral	$69.00 ➝ $72.00	High
1/6/2022	JPMorgan Chase & Co.	Boost Target	Neutral ➝ Neutral	$67.50 ➝ $68.50	High
1/3/2022	Barclays	Boost Target		$64.00 ➝ $72.00	High
12/10/2021	UBS Group	Initiated Coverage	Neutral	$63.00	Low
12/6/2021	Morgan Stanley	Boost Target	Equal Weight	$68.00 ➝ $72.00	Medium
11/29/2021	Stephens	Upgrade	Equal Weight ➝ Overweight	$64.00 ➝ $68.00	Medium
10/11/2021	Jefferies Financial Group	Boost Target	Hold	$61.00 ➝ $66.00	Medium
10/5/2021	Wolfe Research	Downgrade	Outperform ➝ Underperform	$71.00 ➝ $64.00	Low
10/1/2021	Citigroup	Upgrade	Neutral ➝ Buy	$63.00 ➝ $72.00	Medium
7/19/2021	Odeon Capital Group	Downgrade	Buy ➝ Hold		Low
5/18/2021	Compass Point	Boost Target	Buy ➝ Buy	$65.00 ➝ $67.00	Medium
5/17/2021	Raymond James	Reiterated Rating	Outperform ➝ Market Perform		Low
5/10/2021	Raymond James	Downgrade	Outperform ➝ Market Perform		Low
5/3/2021	JPMorgan Chase & Co.	Boost Target		$60.50 ➝ $63.00	Low
4/9/2021	Jefferies Financial Group	Boost Target		$55.00 ➝ $66.00	High
4/7/2021	Barclays	Boost Target		$59.00 ➝ $64.00	Low
4/7/2021	Raymond James	Boost Target	Outperform	$58.00 ➝ $65.00	Low
3/30/2021	Stephens	Boost Target		$54.00 ➝ $66.00	Low
3/24/2021	Morgan Stanley	Boost Target	Equal Weight	$65.00 ➝ $68.00	Medium
3/15/2021	Deutsche Bank Aktiengesellschaft	Boost Target		$56.00 ➝ $65.00	Low
3/1/2021	Morgan Stanley	Boost Target	Equal Weight	$64.00 ➝ $65.00	Low
1/22/2021	Morgan Stanley	Boost Target	Equal Weight	$61.00 ➝ $64.00	Low
1/22/2021	Credit Suisse Group	Boost Target	Neutral	$52.00 ➝ $53.00	Medium
1/22/2021	Bank of America	Boost Target	Buy	$58.00 ➝ $59.00	Medium
1/7/2021	Raymond James	Boost Target	Outperform	$46.00 ➝ $57.00	N/A
1/7/2021	Robert W. Baird	Reiterated Rating	Outperform ➝ Neutral	$53.00	N/A
1/7/2021	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$48.00 ➝ $55.00	N/A
1/7/2021	Truist Financial	Downgrade	Buy ➝ Hold		N/A
1/6/2021	Deutsche Bank Aktiengesellschaft	Boost Target		$46.00 ➝ $56.00	N/A
1/4/2021	Barclays	Boost Target		$47.00 ➝ $59.00	N/A
12/11/2020	Credit Suisse Group	Boost Target		$4.25 ➝ $52.00	Low
11/30/2020	Morgan Stanley	Boost Target	Equal Weight	$42.00 ➝ $61.00	High
11/19/2020	Keefe, Bruyette & Woods	Downgrade	Outperform ➝ Market Perform	$49.00 ➝ $50.00	Medium
10/16/2020	Bank of America	Lower Target	Buy	$51.00 ➝ $50.00	Low
10/16/2020	Argus	Boost Target		$45.00 ➝ $48.00	Low
10/16/2020	Morgan Stanley	Boost Target	Equal Weight	$39.00 ➝ $42.00	Medium
10/6/2020	JPMorgan Chase & Co.	Boost Target		$40.00 ➝ $43.50	Low
9/18/2020	Raymond James	Boost Target	Outperform	$44.00 ➝ $45.00	Low
7/31/2020	Wolfe Research	Initiated Coverage	Outperform		Medium
7/17/2020	BMO Capital Markets	Boost Target		$42.00 ➝ $47.00	Low
7/6/2020	Royal Bank of Canada	Reiterated Rating	Buy		Low
6/25/2020	Morgan Stanley	Boost Target	Equal Weight	$37.00 ➝ $39.00	Medium
6/17/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$45.00	Low
6/5/2020	Wells Fargo & Company	Boost Target		$40.00 ➝ $51.00	Low
5/13/2020	Compass Point	Boost Target	Buy	$40.00 ➝ $41.00	Low
5/4/2020	UBS Group	Boost Target	Neutral	$36.00	Medium
4/21/2020	Argus	Lower Target	Buy	$65.00 ➝ $45.00	Medium
4/21/2020	Cfra	Lower Target	Buy	$56.00 ➝ $39.00	Medium
4/21/2020	Piper Sandler	Upgrade	Neutral ➝ Overweight	$41.00	Medium
4/13/2020	Compass Point	Initiated Coverage	Buy	$40.00	Low
4/9/2020	Janney Montgomery Scott	Lower Target	Neutral	$57.00 ➝ $37.00	Medium
4/8/2020	Royal Bank of Canada	Reiterated Rating	Buy	$50.00	High
4/6/2020	UBS Group	Lower Target	Neutral	$53.00 ➝ $26.00	High
4/6/2020	Credit Suisse Group	Lower Target	Neutral	$55.00 ➝ $42.00	High
4/2/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$61.00 ➝ $43.00	Medium
4/1/2020	Keefe, Bruyette & Woods	Upgrade	Market Perform ➝ Outperform	$47.00	Medium
4/1/2020	Wells Fargo & Company	Lower Target	Overweight	$50.00 ➝ $40.00	Low
3/27/2020	Citigroup	Lower Target	Neutral	$57.00 ➝ $41.00	Medium
3/17/2020	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$56.00	Medium
2/3/2020	Odeon Capital Group	Downgrade	Buy ➝ Hold		Low
2/3/2020	Stephens	Lower Target	Equal Weight	$61.00 ➝ $54.00	Medium
2/3/2020	Royal Bank of Canada	Reiterated Rating	Buy		Medium
12/19/2019	Morgan Stanley	Initiated Coverage	Equal ➝ Equal Weight	$56.00	Low
12/16/2019	Citigroup	Boost Target	Neutral	$53.00 ➝ $57.00	Low
12/16/2019	Credit Suisse Group	Initiated Coverage	Neutral	$55.00	Low
12/10/2019	Morgan Stanley	Initiated Coverage	Hold	$55.00	Medium
12/9/2019	The Goldman Sachs Group	Initiated Coverage	Buy		Low
11/18/2019	Morgan Stanley	Reiterated Rating	Hold	$54.00 ➝ $55.00	Low
11/11/2019	Janney Montgomery Scott	Downgrade	Buy ➝ Neutral		Low
10/21/2019	UBS Group	Lower Target	Neutral	$53.00 ➝ $52.00	Low
10/18/2019	Bank of America	Boost Target	Buy	$53.00 ➝ $56.00	Medium
10/8/2019	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$52.00 ➝ $58.00	Medium
8/16/2019	Wells Fargo & Company	Set Target	Buy	$55.00	Medium
8/9/2019	Morgan Stanley	Set Target	Hold	$51.00	Low
7/26/2019	Deutsche Bank Aktiengesellschaft	Set Target	Buy	$59.00	Low
7/10/2019	UBS Group	Lower Target	Neutral	$55.00 ➝ $53.00	Low
7/9/2019	JPMorgan Chase & Co.	Lower Target	Neutral	$51.50 ➝ $50.50	Medium
4/22/2019	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$56.00 ➝ $53.00	Low
4/4/2019	Raymond James	Downgrade	Outperform ➝ Market Perform	$48.49	Low
3/26/2019	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$45.39	Low
3/25/2019	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$53.00	Medium
3/8/2019	Odeon Capital Group	Initiated Coverage	Buy		Medium
3/6/2019	Stephens	Downgrade	Overweight ➝ Equal Weight		Medium
2/11/2019	BMO Capital Markets	Boost Target	Outperform ➝ Outperform	$52.00 ➝ $56.00	Low
2/8/2019	FIG Partners	Upgrade	Market Perform ➝ Outperform	$60.00	Low
2/8/2019	Bank of America	Upgrade	Neutral ➝ Buy	$50.46	Medium
1/25/2019	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$49.08	Low
1/18/2019	Argus	Reiterated Rating	Buy		Medium
1/10/2019	Bank of America	Downgrade	Buy ➝ Underperform	$48.00	Low
1/2/2019	Barclays	Boost Target	Equal Weight ➝ Equal Weight	$58.00 ➝ $59.00	Low
10/19/2018	BMO Capital Markets	Lower Target	Outperform ➝ Outperform	$58.00 ➝ $57.00	Low
10/15/2018	B. Riley	Set Target	Buy	$56.00	Low
7/20/2018	Stephens	Reiterated Rating	Buy	$59.00	Low
7/20/2018	FIG Partners	Downgrade	Outperform ➝ Market Perform		Medium
7/20/2018	B. Riley	Lower Target	Buy ➝ Buy	$59.00 ➝ $56.00	Medium
7/20/2018	BMO Capital Markets	Lower Target	Outperform ➝ Outperform	$59.00 ➝ $58.00	Medium
7/20/2018	Piper Jaffray Companies	Reiterated Rating	Hold	$52.00	Medium
7/12/2018	BMO Capital Markets	Reiterated Rating	Buy	$59.00	Low
4/23/2018	Hilliard Lyons	Upgrade	Neutral ➝ Buy	$51.00	Low
4/23/2018	Morgan Stanley	Reiterated Rating	Overweight		Medium
4/20/2018	BMO Capital Markets	Lower Target	Outperform ➝ Outperform	$64.00 ➝ $63.00	Low
4/20/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$59.00 ➝ $60.00	Low
4/11/2018	Edward Jones	Upgrade	Hold ➝ Buy		Low
4/5/2018	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$56.00	Low
3/27/2018	B. Riley	Upgrade	Neutral ➝ Buy	$55.00 ➝ $59.00	High
3/27/2018	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$44.00	High
2/9/2018	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$49.00	High
2/2/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$58.00 ➝ $59.00	Medium
1/19/2018	BMO Capital Markets	Boost Target	Market Perform	$64.00	Low
1/19/2018	Argus	Boost Target	Buy	$60.00	Low
1/19/2018	Royal Bank of Canada	Boost Target	Outperform	$59.00	Low
1/19/2018	Sandler O'Neill	Set Target	Hold	$55.00	Medium
1/18/2018	B. Riley	Reiterated Rating	Hold	$55.00	Low
1/18/2018	Oppenheimer	Reiterated Rating	Hold		Low
1/9/2018	Raymond James	Upgrade	Market Perform ➝ Outperform		Medium
1/9/2018	Citigroup	Upgrade	Market Perform ➝ Outperform	$58.00	N/A
1/9/2018	UBS Group	Upgrade	Market Perform ➝ Outperform		N/A
1/9/2018	Piper Jaffray Companies	Reiterated Rating	Hold	$53.00	N/A
1/8/2018	Vining Sparks	Reiterated Rating	Buy	$59.00	Medium
1/8/2018	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$50.00	Low
1/3/2018	Robert W. Baird	Reiterated Rating	Hold	$50.00	Low
1/2/2018	Barclays	Boost Target	Equal Weight	$51.00 ➝ $57.00	Low
12/22/2017	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$54.00	Low
12/20/2017	Wells Fargo & Company	Set Target	Hold	$44.00 ➝ $51.00	Low
12/14/2017	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$50.00	High

(Data available from 12/4/2017 forward)

News Sentiment Rating

-0.05 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

0 very positive mentions
18 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

5/8/2022

0 very positive mentions
3 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/7/2022

0 very positive mentions
0 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

7/7/2022

0 very positive mentions
17 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

8/6/2022

0 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

9/5/2022

0 very positive mentions
0 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

10/5/2022

0 very positive mentions
16 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

11/4/2022

0 very positive mentions
6 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

12/4/2022

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Negative

americanbankingnews.com
11/25/2022
Truist Financial (NYSE:TFC) Lowered to "Hold" at StockNews.com

Positive

americanbankingnews.com
11/28/2022
Brokerages Set Truist Financial Co. (NYSE:TFC) Price Target at $55.09
marketbeat.com
11/8/2022
Truist Financial Q3 Earnings Transcript
marketbeat.com
11/7/2022
Truist Financial Q3 Earnings Transcript
marketbeat.com
11/6/2022
Truist Financial Q3 Earnings Transcript
marketbeat.com
11/5/2022
Truist Financial Q3 Earnings Transcript

Very Positive

No very positive mentions tracked during this time.

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses, and municipalities. The firm operates through the following segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The Consumer Banking and Wealth segment consists of Retail Community Banking, National Consumer Finance, Services, Payments, Wealth Management and Banking Products and Professional Services and Mortgage Banking. The Corporate and Commercial Banking segment consists of Corporate and Investment Banking, Commercial Community Banking and Commercial Real Estate. The Insurance Holdings segment provides property and casualty, employee benefits and life insurance to businesses and individuals and also provides small business and corporate services, such as workers compensation and professional liability, as well as surety coverage and title insurance. It offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to

Today's Range

Now: $45.06

$44.87

$45.87

50 Day Range

MA: $44.51

$40.42

$47.26

52 Week Range

Now: $45.06

$40.01

$68.95

Volume

9,505,058 shs

Average Volume

5,812,403 shs

Market Capitalization

$59.78 billion

P/E Ratio

10.33

Dividend Yield

4.62%

Beta

1.07

Frequently Asked Questions

What sell-side analysts currently cover shares of Truist Financial?: The following Wall Street sell-side analysts have issued reports on Truist Financial in the last year: Bank of America Co., Barclays PLC, Citigroup Inc., Compass Point, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stephens, StockNews.com, The Goldman Sachs Group, Inc., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for TFC.
What is the current price target for Truist Financial?: 17 Wall Street analysts have set twelve-month price targets for Truist Financial in the last year. Their average twelve-month price target is $55.09, suggesting a possible upside of 22.3%. UBS Group AG has the highest price target set, predicting TFC will reach $77.00 in the next twelve months. Wolfe Research has the lowest price target set, forecasting a price of $41.00 for Truist Financial in the next year.
View the latest price targets for TFC.
What is the current consensus analyst rating for Truist Financial?: Truist Financial currently has 1 sell rating, 8 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TFC, but not buy more shares or sell existing shares.
View the latest ratings for TFC.
What other companies compete with Truist Financial?: Other companies that are similar to Truist Financial include The PNC Financial Services Group, Huntington Bancshares, Regions Financial, KeyCorp and UBS Group. Learn More about companies similar to Truist Financial.
How do I contact Truist Financial's investor relations team?: Truist Financial's physical mailing address is 214 NORTH TRYON STREET, CHARLOTTE NC, 28202. The insurance provider's listed phone number is (336) 733-2000 and its investor relations email address is [email protected] The official website for Truist Financial is www.truist.com. Learn More about contacing Truist Financial investor relations.

Truist Financial - TFC Stock Price Target and Predictions

Analyst Price Target for TFC

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

-0.05 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Truist Financial?

What is the current price target for Truist Financial?

What is the current consensus analyst rating for Truist Financial?

What other companies compete with Truist Financial?

How do I contact Truist Financial's investor relations team?