Zions Bancorporation (NASDAQ:ZION) registered a -1.63% decrease, still its new closing price is 114.73% up from the company’s 1 year high of 44.33.It posted -3.91% losses in previous 5 sessions and is now the subject of 15 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 27 stock analysts following this company have an average price target at $45.92, with individual PT in the $37.00-$51.00 range. The shares moved at $41.77, implying that brokerage firms see shares gaining about 93.73% in twelve months time.
Zions Bancorporation (ZION) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.95% fall year to date. A Director at Zions Bancorporation (ZION) offloaded shares in a transaction closed on Monday January 30, 2017. WILLIAMS SHELLEY THOMAS sold 26,127 shares in the company at $42.05 each and collected $1,098,001 in proceeds. WILLIAMS SHELLEY THOMAS now owns 0 shares in the company after this transaction. A EVP, Chief Banking Officer in the company, Maio Keith D, disclosed a transaction on Thursday January 26, 2017 that ended up generating $900,000 from the sale of 20,624 shares at $43.66 per share.
Zions Bancorporation (NASDAQ:ZION) Upcoming Results on Tap
Zions Bancorporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.53 in that period. Sales during the quarter are predicted to arrive at $621.61 million.
Earnings surprise history: Last quarter, the company posted approximately $608.71 million in revenue and EPS of $0.60. The mean forecast was for $612.98 million and $0.52 a share, respectively. One quarter earlier, revenue for the stock was at $614.07 million, with earnings at $0.57/share.
Zions Bancorporation (ZION) Brokerage Update
Zions Bancorporation (ZION) is in UBS’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Sell by UBS, according to news reported on Wednesday January 11, 2017.Another important research note was issued by JP Morgan on Thursday January 05, 2017.The firm upgraded ZION to Overweight from Neutral. Over the last six months and over the last three months, the shares of Zions Bancorporation (ZION), have changed 52.81% and 29.84%, respectively.