KeyCorp (KEY) : Zacks Investment Research ranks KeyCorp (KEY) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 1.97, which indicates as a Buy.
KeyCorp (KEY) : 14 investment research analysts covering KeyCorp (KEY) have an average price target of $13.93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $13 for the short term. Analysts expect the variance to be within $1.05 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. KeyCorp (NYSE:KEY): The stock was completely flat for the day, closing at $12.12 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $12.16, the stock touched an intraday high of $12.19 and a low of $12.08. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $12.12. The total trading volume on Thursday was 11,629,815.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Keycorp /New/, Cooley Charles P, had purchased 5,000 shares in a transaction dated on May 23, 2016. The transaction was executed at $12.41 per share with total amount equaling $62,050.
KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other subsidiaries, the Bank 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. The Bank provides these services to individual, corporate and institutional clients. The Bank operates in two segments: Key Community Bank, which serves individuals and small to mid-sized businesses by offering a variety of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services, and Key Corporate Bank, is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate and technology.