Zacks Investment Research announced Zions Bancorp (NASDAQ:ZION), bumping up its stock price target to $45.00 today
- Updated: December 1, 2016
Just yesterday Zions Bancorp (NASDAQ:ZION) traded 1.38% higher at $39.79. Zions Bancorp’s 50-day moving average is $34.02 and its 200-day moving average is $29.63. The last closing price is up 36.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 2,713,832 shares of ZION traded hands, down from an average trading volume of 3,296,560
In a report released on 12/01/2016 Zacks Investment Research increased the stock price target of Zions Bancorp (NASDAQ:ZION) to $45.00 reporting a possible upside of 0.13%.
Recent Performance Chart
Zions Bancorp has 52 week low of $19.65 and a 52 week high of $40.64 with a PE ratio of 22.16 and has a market capitalization of $0.
In addition to Zacks Investment Research 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 brokers rating the stock 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.
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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