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Regions Fnancial Corp. Pice Target Increased by Deutsche Bank AG

(Credit: (Photo by Thomas Lohnes/Getty Images)) Research says that the price target of RFC had gone higher thank the usual by the Deutsche Bank.Regions Fnancial Corp. Pice Target Increased by Deutsche Bank AG
December 6
5:02 AM 2016

The Regions Financial Corp. had its price target increased by Deutsche Bank AG from $10.50 to $13.00 in a research report sent to investors on Wednesday. Deutsche Bank AG currently has a hold rating on the stock.

Sandler O'Neill downgraded Regions Financial Corp. from a buy rating to a hold rating and set a $11.50 target price for the company. in a research report on Tuesday, November 8th. FBR & Co reiterated a market perform rating on shares of Regions Financial Corp. in a research report on Monday, October 10th.

Jefferies Group downgraded Regions Financial Corp. from a buy rating to a hold rating and upped their price objective for the stock from $11.50 to $14.0. Piper Jaffray Cos. restated an overweight rating and set a $11.50 price objective (up from $11.00) on shares of Regions Financial Corp. TheStreet upgraded Regions Financial Corp. from a hold rating to a buy rating.

Shares of Regions Financial Corp. traded up 1.055% during mid-day trading on Wednesday, hitting $13.885. The stock had a trading volume of 5,523,154 shares. Regions Financial Corp. has a 1-year low of $7.00 and a 1-year high of $14.03. The stock's 50-day moving average price is $11.80 and its 200 day moving average price is $10.02. The company has a market capitalization of $17.09 billion, a P/E ratio of 16.316 and a beta of 1.46.

Regions Financial Corp. last released its earnings results on Tuesday, October 18th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. The firm earned $1.46 billion during the quarter, compared to the consensus estimate of $1.38 billion. Regions Financial Corp. had a return on equity of 7.03% and a net margin of 19.43%. The company's revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.18 EPS. On average, analysts predict that Regions Financial Corp. will post $0.87 EPS for the current fiscal year.

 

 

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