Wall Street Analyst Upgrade Regions Financial Corp. [RF]. What else is Wall St. saying

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Regions Financial Corp. [NYSE: RF] closed the trading session at $22.55.

The stocks have a year to date performance of 16.36 percent and weekly performance of -3.71 percent. The stock has been moved at 14.53 percent over the last six months. The stock has performed 8.26 percent around the most recent 30 days and changed 21.24 percent over the most recent 3-months.

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If compared to the average trading volume of 7.84M shares, RF reached to a volume of 5746830 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Regions Financial Corp. [RF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RF shares is $23.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RF stock is a recommendation set at 2.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Regions Financial Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 18, 2024. The new note on the price target was released on January 23, 2024, representing the official price target for Regions Financial Corp. stock. Previously, the target price had yet another raise from $15 to $22, while Jefferies kept a Buy rating on RF stock. On January 03, 2024, analysts increased their price target for RF shares from 16.50 to 21.

The Average True Range (ATR) for Regions Financial Corp. is set at 0.54, with the Price to Sales ratio for RF stock in the period of the last 12 months amounting to 2.24. The Price to Book ratio for the last quarter was 1.33. Price to Free Cash Flow for RF in the course of the last twelve months was 9.04.

RF stock trade performance evaluation

Regions Financial Corp. [RF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.71. With this latest performance, RF shares gained by 8.26% in over the last four-week period, additionally plugging by 14.53% over the last 6 months – not to mention a rise of 26.76% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RF stock in for the last two-week period is set at 56.13, with the RSI for the last a single of trading hit 53.36, and the three-weeks RSI is set at 57.23 for Regions Financial Corp. [RF]. The present Moving Average for the last 50 days of trading for this stock 21.58, while it was recorded at 22.63 for the last single week of trading, and 19.59 for the last 200 days.

Regions Financial Corp. [RF]: An insightful look at the core fundamentals

Regions Financial Corp.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.12.

Earnings per share (EPS) analysis for Regions Financial Corp. [RF] stock

With the latest financial reports released by the company, Regions Financial Corp. posted 0.49/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Regions Financial Corp. go to 2.35%.

Regions Financial Corp. [RF]: Institutional Ownership

There are presently around $81.71%, or 81.94%% of RF stock, in the hands of institutional investors. The top three institutional holders of RF stocks are: VANGUARD GROUP INC with ownership of 112.96 million shares, which is approximately 12.2646%. BLACKROCK INC., holding 86.69 million shares of the stock with an approximate value of $$1.74 billion in RF stocks shares; and BLACKROCK INC., currently with $$984.35 million in RF stock with ownership which is approximately 5.3332%.