Analysts have been eager to weigh in on the Financial sector with new ratings on Zions Bancorporation National Association (ZION – Research Report) and Truist Financial (TFC – Research Report).
Zions Bancorporation National Association (ZION)
In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on Zions Bancorporation National Association, with a price target of $47.00. The company’s shares closed last Monday at $41.32.
According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of
Currently, the analyst consensus on Zions Bancorporation National Association is a Hold with an average price target of $45.13, which is a 13.1% upside from current levels. In a report issued on April 9, Deutsche Bank also initiated coverage with a Hold rating on the stock with a $47.00 price target.
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Truist Financial (TFC)
RBC Capital analyst Gerard Cassidy maintained a Buy rating on Truist Financial yesterday and set a price target of $42.00. The company’s shares closed last Monday at $38.06, close to its 52-week high of $39.29.
According to TipRanks.com, Cassidy is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Truist Financial with a $42.18 average price target, a 17.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $45.00 price target.
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