Zions Bancorp (NASDAQ:ZION) has been downgraded to Market Perform in a statement by Raymond James Financial Inc. earlier today.
- Updated: October 6, 2016
Having a price of $31.91, Zions Bancorp (NASDAQ:ZION) traded -0.77% lower on the day. With the last stock price up 15.22% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ZION has recorded a 50-day average of $30.23 and a two hundred day average of $27.40. Trade Volume was down over the average, with 1,273,410 shares of ZION changing hands under the typical 3,027,980
Raymond James Financial Inc. has downgraded Zions Bancorp (NASDAQ:ZION) to Market Perform in a statement released on Thursday October 06, 2016.
On 10/03/2016, Zacks Investment Research released a statement about Zions Bancorp (NASDAQ:ZION) upped the target price from $0.00 to $35.00 that suggested an upside of 0.13%.
Recent Performance Chart
Zions Bancorp has PE ratio of 19.03 with a one year low of $19.65 and a one year high of $32.15 and has a market capitalization of $0.
A total of 26 brokerages have issued a ratings update on Zions Bancorp. Five brokerages rating the company a strong buy, eleven brokerages rating the company a buy, eleven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $29.46.
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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