RBC Capital analyst Gerard Cassidy maintained a Buy rating on KeyCorp (KEY – Research Report) on March 4 and set a price target of $15.00. The company’s shares closed yesterday at $15.02.
According to TipRanks, Cassidy is a 5-star analyst with an average return of 15.9% and a 63.42% success rate. Cassidy covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Bank of America, and Fifth Third Bancorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KeyCorp with a $15.81 average price target, representing a 5.26% upside. In a report released on February 20, Bank of America Securities also maintained a Buy rating on the stock with a $16.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $17.28 and a one-year low of $7.95. Currently, KeyCorp has an average volume of 17.12M.
Based on the recent corporate insider activity of 52 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. Last 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 call volume above normal and directionally bullish
- KeyCorp Announces Executive Shifts in Accounting Leadership
- KeyCorp announces CAO Schosser to leave company, Gilbert to succeed
- KeyCorp has limited exposure to leveraged lending, office, says CEO
- KeyCorp has no exposure to rent-controlled properties in NYC, says CEO
