In a report released today, Lana Chan from BMO Capital maintained a Hold rating on SunTrust Banks (STI), with a price target of $73. The company’s shares closed on Friday at $64.37.
According to TipRanks.com, Chan is a 4-star analyst with an average return of 9.6% and a 64.1% success rate. Chan covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Westamerica Bancorporation, and TCF Financial Corporation.
The word on The Street in general, suggests a Hold analyst consensus rating for SunTrust Banks with a $69.14 average price target, a 7.4% upside from current levels. In a report issued on January 28, Robert W. Baird also downgraded the stock to Hold with a $62 price target.
See today’s analyst top recommended stocks >>
SunTrust Banks’ market cap is currently $28.77B and has a P/E ratio of 11.21. The company has a Price to Book ratio of 1.29.
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.
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.
