Jefferies upgraded Zions Bancorp (NASDAQ:ZION) from Hold to Buy in a statement released earlier today.
- Updated: November 28, 2016
Having a price of $39.10, Zions Bancorp (NASDAQ:ZION) traded -0.81% lower on the day. With the last close up 31.47% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. ZION has recorded a 50-day average of $33.83 and a two hundred day average of $29.50. Trade Volume was down over the average, with 1,052,609 shares of ZION changing hands under the typical 3,323,060
Jefferies has upgraded Zions Bancorp (NASDAQ:ZION) from Hold to Buy in a report released on 11/28/2016.
Previously on 11/25/2016, Zacks Investment Research reported about Zions Bancorp (NASDAQ:ZION) increased the target price from $0.00 to $44.00. At the time, this suggested an upside of 0.13%.
Recent Performance Chart
Zions Bancorp has with a one year low of $19.65 and a one year high of $39.23 and has a total market value of $0.
A total of 26 analysts have released a research note on the stock. 5 firms rating the stock a strong buy, 11 brokerages rating the stock a buy, 11 brokerages rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of $29.46.
More About Zions Bancorp (NASDAQ:ZION)
Zions Bancorporation is a financial holding company. The Company operates through seven segments: Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado and The Commerce Bank of Washington. It focuses on providing community banking services and its core business lines are small and medium-sized business and corporate banking; commercial and residential development, construction and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending; trust and wealth management; limited capital markets activities, including municipal finance advisory and underwriting, and investment activities. It also provides personal banking services, including home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit, safe deposit facilities, direct deposit, and Internet and mobile banking.
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