KeyCorp found using ticker (KEY) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 32 and 23 calculating the average target price we see 28.14. Now with the previous closing price of 22.4 this would indicate that there is a potential upside of 25.6%. The 50 day moving average now sits at 25.13 and the 200 moving average now moves to 22.55. The market cap for the company is $21,635m. Company Website: https://www.key.com
The potential market cap would be $27,179m based on the market concensus.
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. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.
