8 Analysts Assess KeyCorp: What You Need To Know
Portfolio Pulse from Benzinga Insights
KeyCorp (NYSE:KEY) received mixed ratings from 8 analysts, with an average 12-month price target of $13.38, reflecting a 9.22% increase from the previous target. Analysts' actions include ratings adjustments and price target changes, with some raising and others lowering their expectations. KeyCorp, with over $170 billion in assets, faces challenges such as a -17.03% revenue decline, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.
December 20, 2023 | 2:00 pm
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KeyCorp received mixed analyst ratings with an updated average price target of $13.38. The company is dealing with revenue decline, profitability issues, and high debt levels.
The mixed analyst ratings and the adjustment of price targets suggest uncertainty, which could lead to a neutral short-term impact on KEY's stock price. The revenue decline and below-average financial metrics may concern investors, but the new average price target indicates a potential upside. The high relevance is due to the direct mention and detailed analysis of KeyCorp's financial situation. The importance is high as analyst ratings and financial performance are critical for investment decisions. The confidence level is high due to the clear data provided but not at the maximum due to the inherent unpredictability of market reactions to analyst ratings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100