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NYSE: TFC
Truist Financial Corp Stock Forecast, Predictions & Price Target

Analyst price target for TFC

Based on 13 analysts offering 12 month price targets for Truist Financial Corp.
Min Forecast
$29.00+3.31%
Avg Forecast
$37.08+32.09%
Max Forecast
$41.00+46.06%

Should I buy or sell TFC stock?

Based on 13 analysts offering ratings for Truist Financial Corp.
Buy
Strong Buy
3 analysts 23.08%
Buy
3 analysts 23.08%
Hold
7 analysts 53.85%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Keefe, Bruyette & Woods
Top 8%
93
BuyUpgrades$36.00+28.25%2023-09-21
Piper Sandler
Top 18%
83
HoldDowngrades$32.00+14.00%2023-09-15
RBC Capital
Bottom 10%
10
BuyReiterates$40.00+42.50%2023-09-12
HSBC
Top 24%
77
HoldInitiates Coverage On$29.00+3.31%2023-09-07
Citigroup
Top 9%
92
Strong BuyMaintains$39.00+38.94%2023-07-24
Stephens & Co.
Bottom 10%
10
HoldMaintains$37.00+31.81%2023-07-24
Morgan Stanley
Bottom 9%
9
HoldMaintains$41.00+46.06%2023-07-21
Wells Fargo
Top 10%
91
Strong BuyMaintains$40.00+42.50%2023-07-21
Jefferies
Top 24%
77
HoldDowngrades$32.00+14.00%2023-07-11
Raymond James
Bottom 10%
10
BuyUpgrades$36.00+28.25%2023-07-06

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Forecast return on equity

Is TFC forecast to generate an efficient return?
Company
14.08%
Industry
30.67%
Market
58.61%
TFC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TFC forecast to generate an efficient return on assets?
Company
1.62%
Industry
3.3%
TFC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TFC earnings growth forecast

How is TFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
18.67%
Industry
12.48%
Market
21.94%
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TFC revenue growth forecast

How is TFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
7.42%
Industry
5.06%
Market
7.9%
TFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TFC vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
TFC$28.07$37.08+32.09%Buy
LYG$2.17N/AN/A
BSBR$5.30$5.50+3.77%Strong Sell
BBD$2.87$3.20+11.50%Hold
MFG$3.65N/AN/A

Truist Financial Stock Forecast FAQ

Is Truist Financial Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: TFC) stock is to Buy TFC stock.

Out of 13 analysts, 3 (23.08%) are recommending TFC as a Strong Buy, 3 (23.08%) are recommending TFC as a Buy, 7 (53.85%) are recommending TFC as a Hold, 0 (0%) are recommending TFC as a Sell, and 0 (0%) are recommending TFC as a Strong Sell.

If you're new to stock investing, here's how to buy Truist Financial stock.

What is TFC's forecast return on equity (ROE) for 2023-2025?

(NYSE: TFC) forecast ROE is 14.08%, which is considered weak.

What is TFC's Price Target?

According to 13 Wall Street analysts that have issued a 1 year TFC price target, the average TFC price target is $37.08, with the highest TFC stock price forecast at $41.00 and the lowest TFC stock price forecast at $29.00.

On average, Wall Street analysts predict that Truist Financial's share price could reach $37.08 by Sep 21, 2024. The average Truist Financial stock price prediction forecasts a potential upside of 32.09% from the current TFC share price of $28.07.

What is TFC's forecast return on assets (ROA) for 2023-2025?

(NYSE: TFC) forecast ROA is 1.62%, which is lower than the forecast US Banks - Regional industry average of 3.3%.
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