Susquehanna downgraded Regions Financial Corp (NYSE:RF) to Neutral in a report released today.
- Updated: December 1, 2016
Yesterday Regions Financial Corp (NYSE:RF) traded 2.22% higher at $13.51. The company’s 50-day moving average is $11.69 and its 200-day moving average is $9.99. The last closing price is up 38.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 26,961,659 shares of RF traded, up from an avg. volume of 21,831,900
Susquehanna has downgraded Regions Financial Corp (NYSE:RF) to Neutral in a report released on 12/01/2016.
Recent Performance Chart
Regions Financial Corp has PE ratio of 16.26 with a one year low of $7.00 and a one year high of $13.90 and has a market capitalization of $0.
A total of 28 brokerages have issued a ratings update on Regions Financial Corp. Eight brokerages rating the company a strong buy, seven brokerages rating the company a buy, fourteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.97.
General Company Details For Regions Financial Corp (NYSE:RF)
Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. It operates in three segments: Corporate Bank, which represents its commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending; Consumer Bank, which represents its branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans, as well as the corresponding deposit relationships, and Wealth Management, which offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to enable transfer of wealth. It provides traditional commercial, retail and mortgage banking services, as well as other financial services.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.