A statement released earlier today by Vetr Inc. about KeyCorp (NYSE:KEY) bumps the target price to $14.14
- Updated: October 13, 2016
Boasting a price of $12.31, KeyCorp (NYSE:KEY) traded -3.07% lower on the day. With the last stock price close up 2.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. KeyCorp has recorded a 50-day average of $12.38 and a two hundred day average of $11.96. Volume of trade was down over the average, with 14,401,533 shares of KEY changing hands under the typical 16,135,400
Vetr Inc. bumped up the target of KeyCorp (NYSE:KEY) to $14.14 stating a potential upside of 0.15%.
On 10/7/2016, Wedbush released a statement for KeyCorp (NYSE:KEY) bumped up the target price from $0.00 to $15.00 that suggested an upside of 0.18%.
With a total market value of $0, KeyCorp has 52 week low of $9.88 and a 52 week high of $14.01 with a PE ratio of 12.73 .
In addition to Vetr Inc. reporting its stock price target, a total of 27 brokerages have issued a ratings update on the company. The average stock price target is $14.00 with 8 brokerages rating the stock a strong buy, 13 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On KeyCorp (NYSE:KEY)
KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, the Company provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate and institutional clients. Its segments include Key Community Bank and Key Corporate Bank. Key Community Bank serves individuals and small to mid-sized businesses by offering a range of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services. Key Corporate Bank is a full-service corporate and investment bank focused on serving the needs of middle market clients in industry sectors, which include consumer, energy, healthcare, industrial, public sector, real estate and technology.
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