Regions Financial Corp. Sets New 1-Year High at $10.69 (RF)
Regions Financial Corp. (NYSE:RF) set a new 52-week high during trading hours on Wednesday, Analyst Ratings.Net reports. The company traded as high as $10.69 and last traded at $10.65, with a volume of 18,260,174 shares. The stock had previously closed at $10.37.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott initiated coverage on shares of Regions Financial Corp. in a research note to investors on Tuesday. They set a “buy” rating on the stock. Separately, analysts at Deutsche Bank upgraded shares of Regions Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Friday, January 3rd. They now have a $12.00 price target on the stock, up previously from $10.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Regions Financial Corp. in a research note to investors on Thursday, December 19th. They now have a $10.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Regions Financial Corp. has a consensus rating of “Buy” and an average price target of $10.10.
Regions Financial Corporation (NYSE:RF) is a financial holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.