KeyCorp (NYSE:KEY) registered a -0.81% decrease, still its new closing price is 90.07% up from the company’s 1 year high of 18.77.It posted 2.46% gains in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 29 stock analysts following this company have an average price target at $19.85, with individual PT in the $16.00-$22.00 range. The shares moved at $18.30, implying that brokerage firms see shares gaining about 69.48% in twelve months time.
KeyCorp (KEY) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.16% rise year to date. A Chief Information Officer at KeyCorp (KEY) offloaded shares in a transaction closed on Thursday November 10, 2016. Brady Amy G. sold 9,457 shares in the company at $15.64 each and collected $147,001 in proceeds. Brady Amy G. now owns 42,827 shares in the company after this transaction. A Co-Head Corporate Bank in the company, Paine Andrew J III, disclosed a transaction on Tuesday November 01, 2016 that ended up paying $6,000 from the purchase of 445 shares at $14.06 per share.
KeyCorp (NYSE:KEY) Upcoming Results on Tap
KeyCorp will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.28 in that period. Sales during the quarter are predicted to arrive at $1.45 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.56 billion in revenue and EPS of $0.31. The mean forecast was for $1.45 billion and $0.29 a share, respectively. One quarter earlier, revenue for the stock was at $1.34 billion, with earnings at $0.30/share.
KeyCorp (KEY) Brokerage Update
KeyCorp (KEY) is in Sandler O’Neill’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Sandler O’Neill, according to news reported on Friday January 20, 2017.Another important research note was issued by CLSA on Monday December 05, 2016.The firm downgraded KEY to Underperform from Outperform. Over the last six months and over the last three months, the shares of KeyCorp (KEY), have changed 57.85% and 29.68%, respectively.