Keefe Bruyette slashes price target on Regions Financial Corp [RF] – find out why.

Regions Financial Corp [NYSE: RF] loss -0.27% or -0.07 points to close at $26.26 with a heavy trading volume of 6214932 shares.

The daily chart for RF points out that the company has recorded 32.03% gains over the past six months.

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If we look at the average trading volume of 7.59M shares, RF reached to a volume of 6214932 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $26.68 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 2.04. 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.

Keefe Bruyette have made an estimate for Regions Financial Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 31, 2024. The new note on the price target was released on October 29, 2024, representing the official price target for Regions Financial Corp stock. Previously, the target price had yet another raise from $24 to $26, while Deutsche Bank kept a Buy rating on RF stock.

The Average True Range (ATR) for Regions Financial Corp is set at 0.59, with the Price to Sales ratio for RF stock in the period of the last 12 months amounting to 2.59. The Price to Book ratio for the last quarter was 1.41. Price to Free Cash Flow for RF in the course of the last twelve months was 9.09.

Trading performance analysis for RF stock

Regions Financial Corp [RF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.31. With this latest performance, RF shares gained by 11.13% in over the last four-week period, additionally plugging by 32.03% over the last 6 months – not to mention a rise of 60.02% 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 67.94, with the RSI for the last a single of trading hit 69.12, and the three-weeks RSI is set at 66.54 for Regions Financial Corp [RF]. The present Moving Average for the last 50 days of trading for this stock 23.77, while it was recorded at 26.26 for the last single week of trading, and 20.97 for the last 200 days.

Regions Financial Corp [RF]: A deeper dive into fundamental analysis

Regions Financial Corp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.14.

Regions Financial Corp [RF]: An earnings per share (EPS) analysis

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 3.32%.

An analysis of Institutional ownership at Regions Financial Corp [RF]

There are presently around $80.78%, or 81.00%% 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%.