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BidaskClub upgraded SunTrust Banks, Inc. (NYSE:STI) to Buy in a report released today.

BidaskClub has upgraded SunTrust Banks, Inc. (NYSE:STI) to Buy in a report released on Wednesday July 05, 2017.

Just yesterday SunTrust Banks, Inc. (NYSE:STI) traded 0.00% even at $57.72. SunTrust Banks, Inc.’s 50-day moving average is $57.06 and its 200-day moving average is $56.67. The last stock price is up -0.94% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 2,375,927 shares of STI traded hands, down from an average trading volume of 3,207,030

Recent Performance Chart

SunTrust Banks, Inc. (NYSE:STI)

SunTrust Banks, Inc. has 52 week low of $42.36 and a 52 week high of $61.69 with a PE ratio of 14.93 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 26 brokerages have issued a ratings update on the company. The average stock price target is $45.02 with 7 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 17 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 SunTrust Banks, Inc. (NYSE:STI)

SunTrust Banks, Inc. is a provider of financial services. The Company's principal subsidiary is SunTrust Bank (the Bank). The Company's business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management. The Wholesale Banking segment includes the operations of the Corporate and investment banking (CIB), Commercial and Business Banking, Commercial Real Estate, and Treasury and Payment Solutions businesses. The Mortgage Banking segment offers residential mortgage products nationally through its retail and correspondent channels, the Internet (www.suntrust.com) and by telephone. The Bank provides clients with a selection of full-, self- and assisted-service channels, including branch, call center, Teller Connect machines, mobile and tablet.

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