In a report issued on November 30, Kevin Barker from Piper Jaffray reiterated a Hold rating on SunTrust Banks (STI), with a price target of $70. The company’s shares opened today at $63.53.
According to TipRanks.com, Barker is a 5-star analyst with an average return of 7.8% and a 62.7% success rate. Barker covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Santander Consumer USA, and Capital One Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SunTrust Banks with a $74.22 average price target.
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The company has a one-year high of $75.08 and a one-year low of $58.69. Currently, SunTrust Banks has an average volume of 3.76M.
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SunTrust Banks, Inc. is a bank and financial holding company that engages in the provision of financial services. It offers deposit, credit, mortgage banking, trust and investment, asset management, securities brokerage, and capital market services. It operates through the following segments: Consumer, Wholesale, and Corporate Other.
