Wedbush analyst David Chiaverini maintained a Buy rating on Regions Financial (RF – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $20.41.
According to TipRanks, Chiaverini is a 4-star analyst with an average return of 4.3% and a 40.00% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Svb Financial Group, Axos Financial, and Cathay General Bancorp.
Regions Financial has an analyst consensus of Strong Buy, with a price target consensus of $24.25, representing a 18.81% upside. In a report released on September 14, RBC Capital also maintained a Buy rating on the stock with a $26.00 price target.
See the top stocks recommended by analysts >>
RF market cap is currently $19.07B and has a P/E ratio of 9.16.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing. The company operates through the following segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment represents the company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment holds the company’s branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans. The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to help protect grow and transfer wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.