KeyCorp (NYSE:KEY) with $24 Target At Argus.

June 27, 2018 - By Sarah Holford

KeyCorp (NYSE:KEY) Corporate Logo

Big Money Sentiment increased to 1.04 in Q1 2018. It has change of 0.08, from 2017Q4’s 0.96. The ratio increased due to KeyCorp positioning: 34 sold and 219 reduced. 74 funds took stakes and 190 increased stakes. Investors holded 836.01 million in 2017Q4 but now own 822.67 million shares or 1.60% less.

Mycio Wealth Prns Ltd Co accumulated 14,616 shs or 0.03% of the stock. Nbt Savings Bank N A Ny stated it has 0.04% of its capital in KeyCorp (NYSE:KEY). Westpac Corporation holds 64,237 shs or 0% of its capital. Ameriprise Finance reported 936,309 shs or 0.01% of all its holdings. Hanson Mcclain Incorporated stated it has 0% in KeyCorp (NYSE:KEY). New York-based Howe Rusling has invested 0.01% in KeyCorp (NYSE:KEY). Scotia Capital holds 11,339 shs or 0% of its capital. Utd Automobile Association accumulated 5.20 million shs. Calamos Ltd Liability Company, Illinois-based fund reported 541,965 shs. Dreman Value Mgmt L L C stated it has 87,191 shs. Argent Commerce holds 0.06% or 10,986 shs in its capital. Tci Wealth invested in 267 shs or 0% of the stock. Bluestein R H & reported 23,900 shs or 0.03% of all its holdings. Fjarde Ap owns 0.1% invested in KeyCorp (NYSE:KEY) for 319,842 shs. Kentucky Retirement Ins Trust Fund accumulated 24,282 shs or 0.09% of the stock.

KeyCorp had 5 selling transactions and 1 buying transaction since January 22, 2018. This’s net activity of $2.65 million. Another trade for 10,000 shs valued at $198,300 was sold by Burke Edward J.. Gorman Christopher M. sold $1.18M worth of KeyCorp (NYSE:KEY) on Thursday, February 15. Shares for $9,998 were bought by Midkiff Mark W on Monday, January 29. Shares for $504,444 were sold by Brady Amy G.. 11,819 shs were sold by Buffie Craig A, worth $250,639 on Monday, January 22.

What Price Target Has Argus Given KeyCorp (NYSE:KEY)

New York: On 26 June, KeyCorp (NYSE:KEY) coverage was initiated with a “Buy” rating and $24 price target at Argus. That’s upside potential of 21.21 % from company’s previous stock close.

KeyCorp (NYSE:KEY) Ratings Coverage

In total 12 analysts cover KeyCorp (NYSE:KEY). “Buy” rating has 10, “Sell” are 0, while 2 are “Hold”. 83% are bullish. 16 are the (NYSE:KEY)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. In Thursday, January 18 report Piper Jaffray maintained it with “Buy” rating and $22.0 target. In Thursday, January 18 report Sandler O’Neill maintained it with “Hold” rating and $21.5 target. On Tuesday, April 24 the firm has “Overweight” rating given by Morgan Stanley. The company rating was maintained by BMO Capital Markets on Thursday, January 18. On Thursday, January 18 Susquehanna maintained KeyCorp (NYSE:KEY) rating. Susquehanna has “Hold” rating and $24.0 target. On Thursday, April 19 the stock of KeyCorp (NYSE:KEY) earned “Buy” rating by Jefferies. On Thursday, January 25 the stock of KeyCorp (NYSE:KEY) has “Buy” rating given by Deutsche Bank. On Thursday, January 18 RBC Capital Markets maintained KeyCorp (NYSE:KEY) rating. RBC Capital Markets has “Buy” rating and $24.0 target. In Thursday, April 19 report BMO Capital Markets maintained it with “Buy” rating and $2400 target. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, April 4.

KEY reached $19.8 during the last trading session after $0.31 change.Currently KeyCorp is uptrending after 10.47% change in last June 27, 2017. KEY has also 8.59M shares volume. KEY underperformed the S&P 500 by 2.10%.

On July, 19 KeyCorp (NYSE:KEY)’s earnings release is awaited by WallStreet, as reported by RTT. The earnings per share diference is $0.07 or 20.59 % up from last years number. Previous year: $0.34; Analysts forcast: $0.41. The profit will be $435.28 million for KEY if $0.41 earnings per share becomes true. 7.89 % EPS growth is what analysts predict. $0.38 earnings per share was published for last quarter.

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States.The firm is worth $21.02 billion. The company's Key Community Bank segment offers various deposit and investment products, personal finance services, residential mortgages, home equity loans, credit cards, and installment loans, as well as personal property and casualty insurance, such as home, auto, renters, watercraft, and umbrella insurance for individuals.The P/E ratio is 16.01. It also purchases retail auto sales contracts through a network of auto dealership; offers financial, estate and retirement planning, asset management, and trust services, as well as portfolio management, life insurance, charitable giving, and related services for high-net-worth clients.

Another two news for KeyCorp (NYSE:KEY) were recently released by: Bizjournals.com on June 25, 2018 with title “Bank Notes: KeyCorp’s branch closing plan hits Greater Philadelphia”. The other Globenewswire.com‘s article was titled “Analysis: Positioning to Benefit within CPI Card Group, Ball, KeyCorp, TerraForm Power, Sears, and LPL Financial …” and released on June 25, 2018.

KeyCorp (NYSE:KEY) Institutional Investors Chart

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