KeyCorp (KEY) Receives a Hold from Scotiabank


In a report released yesterday, Scotia Capital from Scotiabank maintained a Hold rating on KeyCorp (KEY), with a price target of $24.00. The company’s shares closed last Wednesday at $12.54.

Currently, the analyst consensus on KeyCorp is a Hold with an average price target of $17.00, a 27.4% upside from current levels. In a report issued on October 26, Wedbush also downgraded the stock to Hold with a $14.00 price target.

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KeyCorp’s market cap is currently $12.24B and has a P/E ratio of 11.70. The company has a Price to Book ratio of 1.01.

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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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