KeyCorp found using ticker (KEY) now have 18 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 32 and 23 with a mean TP of 28.22. Given that the stocks previous close was at 26.95 this is indicating there is a potential upside of 4.7%. The 50 day moving average now sits at 24.3 and the 200 day MA is 22.33. The company has a market capitalisation of $24,800m. Company Website: https://www.key.com
The potential market cap would be $25,969m 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, 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 February 25, 2021, it operated through a network of approximately 1,000 branches and 1,400 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp, through its subsidiary, KeyBank National Association, has a strategic alliance with XUP to provide digital and physical merchant services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
