How does KeyCorp (KEY) stock rank on Wall Street on Wednesday?
Analysts who follow KeyCorp (KEY) expect an average increase of 6.49% over the next twelve months. These same analysts give the stock an average Buy rating. This average rating gives the stock an analyst rank of 18, meaning it ranks above 18 stocks, based on data compiled by Investors Observer.
Why are analyst ratings important?
While analysts’ projections are not your only resource in determining your position in a stock, they can be a very useful tool. Analysts follow sectors / industries in depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better understand the numbers.
Investors Observer averages the ratings provided by analysts, then ranks their score as a percentage relative to the market. This allows you to compare stocks more fully than with the typical buy / sell / hold ranking.
What is happening with the KeyCorp share today?
KeyCorp (KEY) stock is trading at $ 22.32 at 11:47 a.m. on Wednesday, October 6, a loss of $ 0.38, or -1.67% from the previous closing price of 22.70 $. The stock has traded between $ 22.13 and $ 22.67 so far today. The volume today is below average. So far, 3,332,723 shares have been traded for an average volume of 7,685,202 shares. Click here for the full KeyCorp Share Report.