Keefe, Bruyette & Woods Raises KeyCorp (NYSE:KEY) Price Target to $26.00

Posted by ABMN Staff on Jul 24th, 2026

KeyCorp (NYSE:KEY – Get Free Report) had its price target upped by equities researchers at Keefe, Bruyette & Woods from $25.00 to $26.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 14.57% from the stock’s previous close.

A number of other equities analysts also recently weighed in on KEY. Truist Financial upped their target price on KeyCorp from $23.00 to $24.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Royal Bank Of Canada raised their price target on shares of KeyCorp from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Wednesday. Evercore restated an “outperform” rating on shares of KeyCorp in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of KeyCorp from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Robert W. Baird upped their price objective on shares of KeyCorp from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, KeyCorp has an average rating of “Moderate Buy” and a consensus price target of $49.14.

Get Our Latest Research Report on KEY

KeyCorp Stock Performance

Shares of KEY stock opened at $22.69 on Wednesday. The company has a market capitalization of $24.49 billion, a price-to-earnings ratio of 13.19, a P/E/G ratio of 0.73 and a beta of 1.02. KeyCorp has a 1-year low of $16.47 and a 1-year high of $24.07. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.63. The stock’s fifty day simple moving average is $22.44 and its 200-day simple moving average is $21.59.

KeyCorp (NYSE:KEY – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. KeyCorp had a return on equity of 11.23% and a net margin of 17.83%.The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the prior year, the business earned $0.35 EPS. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, sell-side analysts predict that KeyCorp will post 1.82 earnings per share for the current fiscal year.

KeyCorp announced that its Board of Directors has initiated a share buyback program on Wednesday, May 13th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the financial services provider to repurchase up to 13% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other KeyCorp news, insider Angela G. Mago sold 22,826 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $21.66, for a total transaction of $494,411.16. Following the transaction, the insider directly owned 281,564 shares of the company’s stock, valued at $6,098,676.24. This represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.56% of the stock is owned by insiders.

Institutional Trading of KeyCorp

Large investors have recently made changes to their positions in the stock. Maseco LLP bought a new stake in shares of KeyCorp during the 4th quarter worth about $27,000. DV Equities LLC bought a new position in shares of KeyCorp in the 4th quarter valued at approximately $27,000. Smithfield Trust Co bought a new position in shares of KeyCorp in the 4th quarter valued at approximately $31,000. Kelleher Financial Advisors acquired a new stake in KeyCorp in the 3rd quarter worth approximately $32,000. Finally, True Wealth Design LLC lifted its holdings in KeyCorp by 1,263.5% in the 4th quarter. True Wealth Design LLC now owns 1,718 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,592 shares during the last quarter. Institutional investors own 79.69% of the company’s stock.

Key KeyCorp News

Here are the key news stories impacting KeyCorp this week:

Positive Sentiment: Jim Cramer said regional banks have been a “fantastic place to be” and specifically recommended KeyCorp, reinforcing bullish sentiment toward the stock. Jim Cramer: ‘Regional Banks Have Been A Fantastic Place To Be’
Positive Sentiment: Analysts have been raising their outlooks after KeyCorp’s Q2 beat, citing solid earnings and improving growth trends; Keefe, Bruyette & Woods lifted its target to $26 and kept an outperform rating. KeyCorp Analysts Increase Their Forecasts After Upbeat Q2 Earnings
Positive Sentiment: Bank of America reiterated a Buy rating with a $26 target, saying guidance was raised for loan growth and net interest income, which supports the bullish case for KeyCorp. KeyCorp: Buy Rating Reaffirmed as 2026 Guidance Raised for Loan Growth and Net Interest Income, with $26 Price Target
Positive Sentiment: Scotiabank said its stake in KeyCorp will add $82 million to third-quarter net income, a potentially meaningful tailwind for profitability. Scotiabank says stake in KeyCorp will add $82M to third-quarter net income
Neutral Sentiment: Some coverage noted that KeyCorp’s stock underperformed peers on Tuesday, suggesting the rally may be uneven despite the improved fundamental and analyst backdrop. KeyCorp stock underperforms Tuesday when compared to competitors
Negative Sentiment: One earnings-focused report said Q2 revenue was pressured by weaker-than-expected noninterest income and margin performance, which could temper enthusiasm around the quarter. KeyCorp’s Q2 revenue hit by weaker-than-expected noninterest income, margin trails consensus

KeyCorp Company Profile

(Get Free Report)

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.

The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.