BB&T Corporation (BBT) : Traders are bullish on BB&T Corporation (BBT) as it has outperformed the S&P 500 by a wide margin of 3.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.17%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.5% in the last 1 week, and is up 3.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.76% and the fifty day Moving Average is 4.84%. BB&T Corporation is up 5.34% in the last three month period. Year-to-Date the stock performance stands at 2.99%.
BB&T Corporation (BBT) : Average target price received by BB&T Corporation (BBT) is $39.27 with an expected standard deviation of $3.57. The most aggressive target on the stock is $47, whereas the most downbeat target is $34. 14 financial analysts are currently covering the stock.
BB&T Corporation (NYSE:BBT): stock turned positive on Friday. Though the stock opened at $38.05, the bulls momentum made the stock top out at $38.27 level for the day. The stock recorded a low of $37.705 and closed the trading day at $37.99, in the green by 0.21%. The total traded volume for the day was 4,754,482. The stock had closed at $37.91 in the previous days trading.
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.