New KeyCorp (KEY)’s Coverage By Argus with $24.0 Target.

June 27, 2018 - By Sarah Holford

KeyCorp (NYSE:KEY) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.04. That’s change of 0.08, from 2017Q4’s 0.96. 34 investors sold all, 219 reduced holdings as KeyCorp ratio is positive. 190 increased positions while 74 funds took positions. Funds hold 822.67 million shares thus 1.60% less from 2017Q4’s 836.01 million shares.

Bridgewater Associates Lp holds 0.01% of its capital in KeyCorp (NYSE:KEY) for 76,489 shs. Credit Suisse Ag has invested 0.03% in KeyCorp (NYSE:KEY). Commonwealth Commercial Bank Of holds 132,054 shs or 0.03% of its capital. Sg Americas Securities Lc holds 186,894 shs or 0.03% of its capital. Stifel Corp reported 1.39 million shs stake. Clover Ptnrs L P stated it has 125,955 shs. Foundry Prns Lc stated it has 0.37% in KeyCorp (NYSE:KEY). Nbt Bancshares N A New York owns 12,602 shs for 0.04% of their capital. Douglass Winthrop Advisors holds 0.23% of its capital in KeyCorp (NYSE:KEY) for 241,381 shs. Tributary Management Ltd Liability Co accumulated 124,500 shs or 0.2% of the stock. Atwood Palmer accumulated 300 shs or 0% of the stock. Moreover, Ci Invs Incorporated has 0.14% invested in KeyCorp (NYSE:KEY) for 626,199 shs. Veritas Limited Liability Partnership holds 0.07% or 26,844 shs in its capital. Ssi Mngmt has invested 0.04% of its capital in KeyCorp (NYSE:KEY). New Jersey Better Educational Savings Trust reported 0.39% of its capital in KeyCorp (NYSE:KEY).

KeyCorp had 5 sales and 1 insider purchase since January 22, 2018. This’s net activity of $2.65 million. $198,300 worth of stock was sold by Burke Edward J. on Tuesday, May 8. $504,444 worth of KeyCorp (NYSE:KEY) shs were sold by Brady Amy G.. DeAngelis Robert A had sold 25,000 shs worth $527,750 on Wednesday, February 21. 56,038 shs were sold by Gorman Christopher M., worth $1.18 million. Shares for $250,639 were sold by Buffie Craig A on Monday, January 22.

What Price Target Has Argus Given KeyCorp (KEY)

Today a report was revealed to clients, in which Argus analyst has started coverage of KeyCorp (KEY) with Buy rating. The Professional analysts give $24.0 target which suggests upside potential of 19.34 % on KEY’s shares.

Ticker’s shares touched $19.8 during the last trading session after 1.54% change.Currently KeyCorp is uptrending after 10.47% change in last June 27, 2017. KEY has also 8.59 million shares volume. The stock underperformed the S&P 500 by 2.10%.

On July, 19 WallStreet anticipated KeyCorp (NYSE:KEY)’s earnings release, according to RTT. This year’s EPS analyst estimate is anticipated to be $0.41. That is 20.59 % up compareed to $0.34 EPS for last year. If KEY’s EPS is $0.41 the profit will reach $435.28 million for 12.07 P/E. After $0.38 EPS report last quarter, Wall Street now predicts 7.89 % EPS growth of KeyCorp.

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States.The company has $21.02 billion market cap. 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.16.01 is the P/E ratio. 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.

There’s a substantial KeyCorp (NYSE:KEY) news brought out by Globenewswire.com. It’s an article titled: “Analysis: Positioning to Benefit within CPI Card Group, Ball, KeyCorp, TerraForm Power, Sears, and LPL Financial …” on June 25, 2018.

KeyCorp (NYSE:KEY) Institutional Investors Chart

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