Zions Bancorporation National Association (ZION) Receives a Buy from Raymond James


Raymond James analyst David Long reiterated a Buy rating on Zions Bancorporation National Association (ZION) yesterday and set a price target of $45.00. The company’s shares closed last Monday at $30.22.

According to TipRanks.com, Long is ranked 0 out of 5 stars with an average return of -9.7% and a 25.3% success rate. Long covers the Financial sector, focusing on stocks such as Enterprise Financial Services, Old National Bancorp Capital, and First Financial Bancorp.

The word on The Street in general, suggests a Hold analyst consensus rating for Zions Bancorporation National Association with a $37.67 average price target.

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The company has a one-year high of $52.48 and a one-year low of $23.58. Currently, Zions Bancorporation National Association has an average volume of 1.54M.

Based on the recent corporate insider activity of 155 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZION in relation to earlier this year.

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.

Zions Bancorporation engages in the provision of banking and related services and offers commercial, retail banking and mortgage lending products & services. Its products involves personal banking services to individuals, including home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet & mobile banking. The company was founded in April 1955 and is headquartered in Salt Lake City, UT.

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