KBW Sticks to Their Hold Rating for Regions Financial (RF)

KBW analyst David Konrad maintained a Hold rating on Regions Financial (RF – Research Report) on April 19 and set a price target of $22.00. The company’s shares closed last Friday at $18.90.

Konrad covers the Financial sector, focusing on stocks such as Wells Fargo, Bank of America, and Truist Financial. According to TipRanks, Konrad has an average return of 20.3% and a 73.75% success rate on recommended stocks.

Regions Financial has an analyst consensus of Hold, with a price target consensus of $21.81, representing a 15.40% upside. In a report released on April 19, Wedbush also maintained a Hold rating on the stock with a $20.00 price target.

RF market cap is currently $17.37B and has a P/E ratio of 10.21.

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.

Regions Financial (RF) Company Description:

Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing. The company operates through the following segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment represents the company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment holds the company’s branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans. The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to help protect grow and transfer wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.