Regions Financial Corporation (RF) Receives Price Target

Regions Financial Corporation (RF) : The highest short term price target forecast on Regions Financial Corporation (RF) is $11 and the lowest target price is $9. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $9.77 with a standard deviation of $0.68.

Regions Financial Corporation (RF) : Zacks Investment Research ranks Regions Financial Corporation (RF) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 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 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 2.5, which indicates as a Buy.


Also, Equity analysts at the Brokerage firm Bernstein downgrades its rating on Regions Financial Corporation (NYSE:RF). The rating major has initiated the coverage with market perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on August 16, 2016.

Regions Financial Corporation (NYSE:RF): The stock opened at $9.99 on Thursday but the bulls could not build on the opening and the stock topped out at $10.03 for the day. The stock traded down to $9.75 during the day, due to lack of any buying support eventually closed down at $9.85 with a loss of -1.20% for the day. The stock had closed at $9.97 on the previous day. The total traded volume was 15,272,606 shares.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank, Consumer Bank and Wealth Management. The Corporate Bank segment represents the Companys commercial banking functions, including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment represents the Companys branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans and small business loans, among others. The Wealth Management segment offers individuals, businesses, Governmental institutions and non-profit entities a range of solutions to enable transfer of wealth.

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