Regions Financial (RF) Receives a Buy from Vining Sparks
In a report released today, Marty Mosby from Vining Sparks maintained a Buy rating on Regions Financial (NYSE: RF), with a price target of $22. The company’s shares opened today at $18.62.
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.
Currently, the analyst consensus on Regions Financial is a Strong Buy with an average price target of $21.17.
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Regions Financial’s market cap is currently $20.83B and has a P/E ratio of 15.71. The company has a Price to Book ratio of 1.39.
Based on the recent corporate insider activity of 148 insiders, corporate insider sentiment is negative on the stock.
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Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.