BB&T Corporation (BBT) has risen sharply, recording gains of 0.11% in the past 4 weeks. However, the stock has corrected -0.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.17% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.52% and the 50-Day Moving Average is 1.85%.The 200 Day SMA reached 8.54% BB&T Corporation is up 6.69% in the last 3-month period. Year-to-Date the stock performance stands at 2.58%.
BB&T Corporation (BBT) : Currently there are 14 street experts covering BB&T Corporation (BBT) stock. The most bullish and bearish price target for the stock is $47 and $34 respectively for the short term. The average price target of all the analysts comes to $39.27. The estimated standard deviation from the target is $3.57.
For the current week, the company shares have a recommendation consensus of Buy. BB&T Corporation (NYSE:BBT): stock was range-bound between the intraday low of $37.6 and the intraday high of $37.95 after having opened at $37.84 on Fridays session. The stock finally closed in the red at $37.84, a loss of -0.71%. The stock remained in the red for the whole trading day. The total traded volume was 5,540,687 shares. The stock failed to cross $37.95 in Fridays trading. The stocks closing price on Thursday was $38.11.
BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Bank, and other nonbank subsidiaries. BB&Ts operations are divided into six reportable business segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services, and Other, Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals, through 1,839 offices as of December 31, 2014. BB&Ts subsidiaries offer a range of retail and commercial services to retail and commercial clients.