Unveiling 15 Analyst Insights On KeyCorp

During the last three months, 15 analysts shared their evaluations of KeyCorp KEY, revealing diverse outlooks from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $15.27, a high estimate of $17.00, and a low estimate of $12.00. Witnessing a positive shift, the current average has risen by 7.61% from the previous average price target of $14.19.

Deciphering Analyst Ratings: An In-Depth Analysis

In examining recent analyst actions, we gain insights into how financial experts perceive KeyCorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to KeyCorp. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of KeyCorp compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for KeyCorp's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into KeyCorp's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on KeyCorp analyst ratings.

All You Need to Know About KeyCorp

With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.

Key Indicators: KeyCorp's Financial Health

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Challenges: KeyCorp's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -2.17%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: KeyCorp's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 2.02%, the company may face hurdles in effective cost management.

Return on Equity (ROE): KeyCorp's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.26%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): KeyCorp's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.02%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.86, caution is advised due to increased financial risk.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.