Barclays analyst Jason Goldberg maintained a Hold rating on KeyCorp (KEY – Research Report) on February 23 and set a price target of $16.00. The company’s shares closed last Friday at $14.26.
Goldberg covers the Financial sector, focusing on stocks such as Capital One Financial, Bank of America, and Citigroup. According to TipRanks, Goldberg has an average return of 10.2% and a 59.73% success rate on recommended stocks.
Currently, the analyst consensus on KeyCorp is a Moderate Buy with an average price target of $15.81.
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KEY market cap is currently $13.32B and has a P/E ratio of 16.14.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KEY in relation to earlier this year. Earlier this month, Douglas Schosser, the CAO of KEY sold 3,326.00 shares for a total of $46,564.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
KeyCorp (KEY) Company Description:
KeyCorp operates as bank holding company. The company operates through the following segments: Consumer Bank and Commercial Bank. The Consumer Bank segment offers deposit and investment products, personal finance and financial wellness services, lending, mortgage and home equity, student loan refinancing, credit card, treasury services, and business advisory services. The Commercial Bank segment engages in serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology The company was founded in 1958 and is headquartered in Cleveland, OH.
Read More on KEY:
- KeyCorp has limited exposure to leveraged lending, office, says CEO
- KeyCorp has no exposure to rent-controlled properties in NYC, says CEO
- KeyCorp well-positioned for future capital requirements, says CEO
- IRS sues FDIC over Silicon Valley Bank’s $1.4B tax debt, Reuters says
- KeyCorp put volume heavy and directionally bearish
