KeyCorp (KEY) : Traders are bullish on KeyCorp (KEY) as it has outperformed the S&P 500 by a wide margin of 5.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.4%, 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 0.74% in the last 1 week, and is up 5.3% 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 2.41% and the fifty day Moving Average is 6.29%. KeyCorp. has dropped 3.64% during the last three month period . Year-to-Date the stock performance stands at -4.62%.
KeyCorp (KEY) : The highest short term price target forecast on KeyCorp (KEY) is $16 and the lowest target price is $13. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $13.92 with a standard deviation of $1.1.
KeyCorp (NYSE:KEY): stock turned positive on Friday. Though the stock opened at $12.29, the bulls momentum made the stock top out at $12.43 level for the day. The stock recorded a low of $12.195 and closed the trading day at $12.32, in the green by 0.49%. The total traded volume for the day was 19,061,122. The stock had closed at $12.26 in the previous days trading.
KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other subsidiaries, the Bank provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services. The Bank provides these services to individual, corporate and institutional clients. The Bank operates in two segments: Key Community Bank, which serves individuals and small to mid-sized businesses by offering a variety of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services, and Key Corporate Bank, is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate and technology.