Analyst Ratings for KeyCorp (KEY)Updated: 2017-07-28
Analysts covering KeyCorp (NYSE:KEY) have given it a consensus rating of Overweight. KEY had previously received a consensus rating of Overweight a month ago.
Of the 30 analysts covering the stock, 18 gave it a buy rating, 1 gave an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 4. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for KEY by the analysts covering the stock. The maximum price target given was 23, which equates to a potential upside of 28.42 percent. The lowest price target was 17, implying potential capital losses of -5.08 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.39 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.39 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.01 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.01 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 7 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 8 analysts decreased their estimates.
Analysts estimate earnings of KEY to grow at a rate of 39.48 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of KEY is 0.46.
KEY has traded between a high of 19.53 and a low of 11.35 over the past year. Currently the stock is 57.8 percent higher than its low, and 8.29 percent below the high. KEY has a P/E ratio of 18.09. Investors typically compare the P/E ratio to a company's peers in the industry. The KEY value stock report compares KEY to some of its peers using value stock charts. The stock has a market capitalization of $19.8 billion. KEY will post this quarters earnings in days, on 0000-00-00.