Morgan Stanley analyst Betsy Graseck maintained a Hold rating on BB&T (BBT) today and set a price target of $55.00. The company’s shares closed last Monday at $54.61, close to its 52-week high of $55.66.
According to TipRanks.com, Graseck is a 4-star analyst with an average return of 4.7% and a 53.7% success rate. Graseck covers the Financial sector, focusing on stocks such as Discover Financial Services, Santander Consumer USA, and Capital One Financial.
BB&T has an analyst consensus of Moderate Buy, with a price target consensus of $56.83, a 3.5% upside from current levels. In a report issued on November 4, J.P. Morgan also maintained a Hold rating on the stock with a $57.50 price target.
See today’s analyst top recommended stocks >>
BB&T’s market cap is currently $41.85B and has a P/E ratio of 13.74. The company has a Price to Book ratio of 1.43.
Based on the recent corporate insider activity of 85 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 BBT 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.
BB&T Corp. engages in the provision of banking and trust services through its subsidiaries. It operates through the following segments: Community Banking-Retail; Community Banking-Commercial; Insurance Holdings; and Financial Services and Commercial Finance; Other, Treasury and Corporate.
