Tag: KeyCorp

  • Financial Stocks Touching new Highs: Regions Financial Corporation (NYSE:RF), KeyCorp (NYSE:KEY), Charles Schwab (NYSE:SCHW), Genworth Financial (NYSE:GNW)

    Zacks reaffirmed their neutral rating on shares of Regions Financial Corp. (NYSE:RF) in a report issued on Tuesday, American Banking News.com reports. They currently have a $11.50 target price on the stock. Regions Financial Corporation (NYSE:RF) shares after opening at $10.82 on last trade day and at the end of the day closed at $11.09. Company price to sales ratio in past twelve months was calculated as 4.19 and price to cash ratio as 2.82. Regions Financial Corporation (NYSE:RF) showed a positive weekly performance of 3.16%.

    On Mar 10, 2014, we issued an updated research report on KeyCorp (NYSE:KEY). Moreover, the company reported better-than-expected fourth-quarter 2013 results, based on improvement in fee income and lower provisions. KeyCorp’s fourth-quarter earnings per share surpassed the Zacks Consensus Estimate by 16.7%. The results were mainly driven by prudent expense management, higher non-interest income and decreased provision for loan and lease losses. Additionally, consistent improvement in asset quality, growth in loan and deposit balances and strong capital ratios were the other highlights KeyCorp (NYSE:KEY) shares advanced 1.65% in last trading session and ended the day on $14.20. KEY return on equity ratio is recorded as 8.90% and its return on assets is 1.00%. KeyCorp (NYSE:KEY) yearly performance is 43.58%.

    Charles Schwab Corp. (NASDAQ:SCHW)‘s stock had its “neutral” rating reiterated by Zacks in a report issued on Wednesday, American Banking and Market News reports. They currently have a $28.00 target price on the stock. Zacks‘s price objective would suggest a potential upside of 4.40% from the stock’s previous close. Charles Schwab Corp (NYSE:SCHW) shares moved up 3.22% in last trading session and was closed at $27.58, while trading in range of $26.58 – $27.75. Charles Schwab Corp (NYSE:SCHW) year to date (YTD) performance is 6.32%.

    Genworth Financial Inc (NYSE:GNW) has been reiterated as a “buy” with a ratings score of B, according to TheStreet Ratings team. Genworth Financial Inc (NYSE:GNW) weekly performance is 4.52%. On last trading day company shares ended up $17.56. Genworth Financial Inc (NYSE:GNW) distance from 50-day simple moving average (SMA50) is 11.19%. Analysts mean target price for the company is $18.28.