Zacks Investment Research announced KeyCorp (NYSE:KEY), bumping its target to $21.00 earlier today
- Updated: January 11, 2017
Yesterday KeyCorp (NYSE:KEY) traded -0.46% lower at $18.40. The company’s 50-day moving average is $18.06 and its 200-day moving average is $13.96. The last stock close price is up 31.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 5,148,214 shares of the stock were exchanged, down from an average trading volume of 15,904,900
Zacks Investment Research bumped up the target price of KeyCorp (NYSE:KEY) to $21.00 indicating a possible upside of 0.14%.
Previously on 01/03/2017, Barclays Capital reported about KeyCorp (NYSE:KEY) raised the target price from $14.00 to $19.00. At the time, this indicated a possible upside of 0.04%.
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KeyCorp has a 52 week low of $9.88 and a 52 week high of $18.66 with a P/E ratio of 21.19 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 27 firms have reported on the stock. The consensus target price is $14.00 with 8 firms rating the stock a strong buy, 13 brokers rating the stock a buy, 9 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers 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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