Brokerage Firm Rating Update on BB&T Corporation (BBT)

BB&T Corporation (BBT) : The consensus on BB&T Corporation (BBT) based on 18 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

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.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Baird, downgrades their rating on the shares of BB&T Corporation (NYSE:BBT). Baird has a Neutral rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 11, 2016.

BB&T Corporation (NYSE:BBT): The stock opened at $37.77 and touched an intraday high of $37.925 on Wednesday. During the day, the stock corrected to an intraday low of $37.61, however, the bulls stepped in and pushed the price higher to close in the green at $37.86 with a gain of 0.03% for the day. The total traded volume for the day was 8,663,434. The stock had closed at $37.85 in the previous trading session.

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.

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