KeyCorp with ticker code (KEY) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 38 and 13 calculating the average target price we see $20.18. Given that the stocks previous close was at $12.37 and the analysts are correct then there would likely be a percentage uptick in value of 63.1%. The 50 day moving average now sits at $16.82 and the 200 day moving average is $17.51. The company has a market capitalization of $12,002m. Visit the company website at: https://www.key.com
The potential market cap would be $19,580m based on the market consensus.
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
The company has a dividend yield of 6.63% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.6, revenue per share of 7.3 and a 1.02% return on assets.
