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Shares of Regions Financial Corp (NYSE:RF) have earned an average recommendation of “Buy” from the twenty-two brokerages that are covering the stock, Stock Ratings News reports. Six research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $11.47.

Regions Financial Corp (NYSE:RF) traded down 0.59% during mid-day trading on Friday, hitting $10.08. The stock had a trading volume of 867,098 shares. Regions Financial Corp has a one year low of $8.84 and a one year high of $11.54. The stock’s 50-day moving average is $10.05 and its 200-day moving average is $10.42. The company has a market cap of $13.895 billion and a P/E ratio of 12.85.

Regions Financial Corp (NYSE:RF) last released its earnings data on Tuesday, July 22nd. The company reported $0.21 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.21. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company posted $0.18 earnings per share. Regions Financial Corp’s revenue was up 2.0% compared to the same quarter last year. Analysts expect that Regions Financial Corp will post $0.86 EPS for the current fiscal year.

A number of research firms have recently commented on RF. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Regions Financial Corp in a research note on Thursday. They now have a $10.00 price target on the stock, down previously from $11.00. Separately, analysts at Miller Tabak upgraded shares of Regions Financial Corp from a “hold” rating to a “buy” rating in a research note on Friday, August 8th. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of Regions Financial Corp in a research note on Wednesday, July 23rd. They now have a $12.00 price target on the stock, down previously from $12.50.

In other Regions Financial Corp news, EVP Ellen S. Jones sold 9,500 shares of Regions Financial Corp stock on the open market in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $10.13, for a total value of $96,235.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Regions Financial Corporation (NYSE:RF) is a financial holding company.

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