Analyst Expectations For Zions Bancorp's Future

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Across the recent three months, 8 analysts have shared their insights on Zions Bancorp ZION, expressing a variety of opinions spanning 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 1 5 2 0
Last 30D 0 0 0 1 0
1M Ago 0 0 1 1 0
2M Ago 0 0 3 0 0
3M Ago 0 1 1 0 0

Analysts have set 12-month price targets for Zions Bancorp, revealing an average target of $62.75, a high estimate of $67.00, and a low estimate of $59.00. Observing a 10.09% increase, the current average has risen from the previous average price target of $57.00.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

An in-depth analysis of recent analyst actions unveils how financial experts perceive Zions Bancorp. The following summary 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
Jason Goldberg Barclays Raises Underweight $61.00 $59.00
Anthony Elian JP Morgan Lowers Neutral $62.00 $65.00
Jason Goldberg Barclays Raises Underweight $59.00 $52.00
Nicholas Holowko UBS Announces Neutral $64.00 -
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

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Zions Bancorp. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zions Bancorp compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Zions Bancorp's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

For valuable insights into Zions Bancorp'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 Zions Bancorp analyst ratings.

Get to Know Zions Bancorp Better

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.

Zions Bancorp: Financial Performance Dissected

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. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Zions Bancorp's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 25.51%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Zions Bancorp's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.5% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Zions Bancorp's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.23%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Zions Bancorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09.

The Basics of Analyst Ratings

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.

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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