KeyCorp (KEY) Gets a Buy Rating from TD Securities


TD Securities analyst TD Newcrest maintained a Buy rating on KeyCorp (KEY) on November 5 and set a price target of $27.00. The company’s shares closed last Thursday at $14.48.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KeyCorp with a $18.22 average price target, representing a 23.3% upside. In a report issued on October 21, RBC Capital also maintained a Buy rating on the stock with a $14.00 price target.

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KeyCorp’s market cap is currently $14.14B and has a P/E ratio of 13.10. The company has a Price to Book ratio of 1.13.

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KeyCorp operates as bank holding company. The company operates through the following segments: Consumer Bank and Commercial Bank. The Consumer Bank segment offers deposit and investment products, personal finance and financial wellness services, lending, mortgage and home equity, student loan refinancing, credit card, treasury services, and business advisory services. The Commercial Bank segment engages in serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology The company was founded in 1958 and is headquartered in Cleveland, OH.

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