KeyCorp (KEY) Received its Third Buy in a Row


After Wedbush and Morgan Stanley gave KeyCorp (NYSE: KEY) a Buy rating last month, the company received another Buy, this time from Vining Sparks. Analyst Marty Mosby maintained a Buy rating on KeyCorp today and set a price target of $25. The company’s shares opened today at $20.46.

According to TipRanks.com, Mosby is a top 100 analyst with an average return of 15.8% and a 73.7% success rate. Mosby covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Goldman Sachs Group Inc, and Fifth Third Bancorp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for KeyCorp with a $23.88 average price target.

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The company has a one-year high of $22.40 and a one-year low of $17.40. Currently, KeyCorp has an average volume of 9.67M.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Trina Evans, the Director, Corporate Center of KEY sold 27,674 shares for a total of $572,105.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

KeyCorp operates as bank holding company. It operates through its subsidiary, KeyBank National Association provides retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.

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