Key Takeaways From Zions Bancorp Analyst Ratings

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In the last three months, 19 analysts have published ratings on Zions Bancorp ZION, offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 2 16 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 2 0 0
2M Ago 0 1 10 1 0
3M Ago 0 1 3 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $56.95, a high estimate of $67.00, and a low estimate of $52.00. Observing a 6.57% increase, the current average has risen from the previous average price target of $53.44.

price target chart

Interpreting Analyst Ratings: A Closer Look

A clear picture of Zions Bancorp's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
David Rochester Compass Point Raises Neutral $66.00 $54.00
Ryan Nash Goldman Sachs Raises Neutral $67.00 $59.00
Mike Mayo Wells Fargo Raises Equal-Weight $62.00 $54.00
John Pancari Evercore ISI Group Raises Outperform $61.00 $56.00
David Rochester Compass Point Raises Neutral $54.00 $49.00
Jennifer Demba Truist Securities Raises Hold $57.00 $52.00
Jason Goldberg Barclays Raises Underweight $52.00 $47.00
Ken Zerbe Morgan Stanley Raises Equal-Weight $56.00 $54.00
Mike Mayo Wells Fargo Raises Equal-Weight $54.00 $50.00
David Chiaverini Wedbush Raises Neutral $55.00 $52.00
Christopher Mcgratty Keefe, Bruyette & Woods Raises Market Perform $56.00 $53.00
Jon Arfstrom RBC Capital Raises Sector Perform $57.00 $55.00
Ryan Nash Goldman Sachs Raises Neutral $59.00 $52.00
Terry McEvoy Stephens & Co. Raises Equal-Weight $55.00 $53.00
David George Baird Raises Neutral $55.00 $52.00
Steven Alexopoulos JP Morgan Lowers Neutral $54.00 $58.00
John Pancari Evercore ISI Group Lowers Outperform $56.00 $58.00
Ken Zerbe Morgan Stanley Announces Equal-Weight $54.00 -
Jennifer Demba Truist Securities Lowers Hold $52.00 $54.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Zions Bancorp. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zions Bancorp compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Zions Bancorp's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Zions Bancorp's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Zions Bancorp analyst ratings.

About Zions Bancorp

Zions Bancorporation is a regional us bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the bulk of its loans focused on commercial and commercial real estate lending.

Financial Insights: Zions Bancorp

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Over the 3 months period, Zions Bancorp showcased positive performance, achieving a revenue growth rate of 3.53% as of 30 September, 2024. This reflects a substantial increase in the company's 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: Zions Bancorp's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 25.51%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Zions Bancorp's ROE excels beyond industry benchmarks, reaching 3.5%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Zions Bancorp's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.23%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Zions Bancorp's debt-to-equity ratio is below the industry average. With a ratio of 0.09, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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