Susquehanna downgraded Zions Bancorp (NASDAQ:ZION) to Neutral in a report released today.
- Updated: December 1, 2016
Yesterday Zions Bancorp (NASDAQ:ZION) traded 1.38% higher at $39.79. The company’s 50-day moving average is $34.02 and its 200-day moving average is $29.63. The last stock close price is up 36.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 2,713,832 shares of the stock were exchanged, down from an average trading volume of 3,296,560
Susquehanna has downgraded Zions Bancorp (NASDAQ:ZION) to Neutral in a report released on 12/01/2016.
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Zions Bancorp has a price-earnings ratio of 22.16 with a one year low of $19.65 and a one year high of $40.64 The company’s market cap is currently $0.
In addition to Susquehanna reporting its stock price target, a total of 26 brokers have issued a research note on the company. The average stock price target is $29.46 with 5 brokers rating the stock a strong buy, 11 analysts rating the company a buy, eleven analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For 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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