Navigating 9 Analyst Ratings For Zions Bancorp
Portfolio Pulse from Benzinga Insights
Zions Bancorp (NASDAQ:ZION) received mixed analyst ratings over the last three months, with 9 analysts offering diverse opinions. The average 12-month price target is $43.33, up from the previous $37.67. Analysts from firms including Wedbush, Truist Securities, Barclays, Goldman Sachs, Baird, Wells Fargo, and Citigroup have provided updates, with some raising and others maintaining their price targets. Zions Bancorp is a regional U.S. bank with a market cap below industry average, a recent revenue decline of -7.61%, a net margin of 21.83%, an exceptional ROE of 3.44%, a below-average ROA of 0.19%, and a conservative debt-to-equity ratio of 0.11.

January 23, 2024 | 2:00 pm
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NEUTRAL IMPACT
Zions Bancorp has received a range of analyst ratings, with an updated average 12-month price target of $43.33, reflecting a potential upside. The bank's financial performance shows both strengths and weaknesses.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on ZION's stock price. The financial performance metrics indicate both positive aspects, such as a high ROE, and challenges, like revenue decline, which could balance out investor sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100