Analysts Have Conflicting Sentiments on These Financial Companies: Welltower (WELL) and SunTrust Banks (STI)


Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Welltower (NYSE: WELL) and SunTrust Banks (NYSE: STI).

Welltower (WELL)

In a report released today, Omotayo Okusanya from Jefferies maintained a Hold rating on Welltower, with a price target of $64. The company’s shares closed yesterday at $62.36.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.4% and a 60.4% success rate. Okusanya covers the Financial sector, focusing on stocks such as Senior Housing Properties Trust, Mid-America Apartment, and Equity Residential.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Welltower with a $60.25 average price target.

See today’s analyst top recommended stocks >>

SunTrust Banks (STI)

In a report released today, Stephen Scouten from Sandler O’Neill upgraded SunTrust Banks to Buy. The company’s shares closed yesterday at $65.71.

According to TipRanks.com, Scouten is a 4-star analyst with an average return of 6.7% and a 65.5% success rate. Scouten covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, State Bank Financial Corporation, and Centerstate Banks.

Currently, the analyst consensus on SunTrust Banks is a Moderate Buy with an average price target of $77.43, a 17.8% upside from current levels. In a report issued on June 27, Bernstein also upgraded the stock to Buy with a $76 price target.

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