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RF

Regions Financial

$16.77

-0.1 (-0.59%)

20:27
11/11/19
11/11
20:27
11/11/19
20:27

Regions Financial downgraded to Market Perform from Outperform at BMO Capital

BMO Capital analyst Lana Chan downgraded Regions Financial to Market Perform from Outperform with an unchanged $17 price target. The analyst notes that after a "significant rally" in the company's stock price along with the rebound in long-term rates, her rating change is driven by valuation, with shares approaching her target price. Chan adds that with the Common Equity Tier 1 ratio of Regions Financial nearing 9.5%, its capital returns are set to slow from 120% in FY19 to about 90% in FY20.

  • 17

    Jan

RF Regions Financial
$16.77

-0.1 (-0.59%)

07/22/19
07/22/19
UPGRADE
Target $17

Outperform
Regions Financial upgraded to Outperform at Wedbush
As previously reported, Wedbush analyst Peter Winter upgraded Regions Financial to Outperform from Neutral and raised his price target on the shares to $17 from $15. The analyst believes the company is better positioned than most of its peers to handle a lower rate environment given actions to reduce its asset sensitivity. Further, he argues that Regions Financial is still in the early stages of reaping the benefits from its "Simplify & Grow" initiatives, and sees it as better positioned for the next downturn, with an attractive valuation.
10/08/19
JEFF
10/08/19
UPGRADE
Target $18
JEFF
Buy
Regions Financial upgraded to Buy from Hold at Jefferies
Jefferies analyst Ken Usdin upgraded Regions Financial to Buy from Hold with a price target of $18, up from $16.
10/08/19
SBSH
10/08/19
DOWNGRADE
SBSH
Sell
Regions Financial downgraded to Sell from Neutral at Citi
Citi analyst Keith Horowitz downgraded Regions Financial to Sell from Neutral.
10/08/19
JEFF
10/08/19
NO CHANGE
JEFF
Jefferies changes five bank ratings after looking into 2020, 2021
Jefferies analyst Ken Usdin upgraded BB&T (BBT), SunTrust Banks (STI) and Regions Financial (RF) to Buy from Hold from Hold while downgrading M&T Bank (MTB) and Zions Bancorp (ZION) to Hold from Buy. Looking to 2020 and 2021, banks face slowing earnings growth and "ongoing sentiment hurdles," Usdin tells investors in a research note. The analyst's base case assumes a stable economy, but he notes that "trade talk could tip it either way." Further, the 2020 election could weigh not only on valuation multiples, but also on earnings estimates based on the regulatory outlook, adds the analyst. He believes attractive dividend yields and a shift toward value stocks could help, but admits that earnings revisions are biased down with more rate cuts likely. Regions "has led the pack" in protecting its net interest margin for a tougher rates environment, while BB&T has less downside to estimates relative to peers and a faster earnings growth rate given benefits from the pending merger-of-equals with SunTrust, contends Usdin.

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ASAZY

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LPL

LG Display

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0.115 (1.89%)

20:17
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  • 09

    Dec

ETNB

89bio

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ANIOY

Acerinox

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(0.00%)

20:15
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BPMC

Blueprint Medicines

$78.50

3.92 (5.26%)

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TLSNY

Telia

$0.00

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ARWR

Arrowhead

$67.25

1.705 (2.60%)

20:13
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ARGX

Argenx

$147.31

-2.56 (-1.71%)

20:08
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  • 16

    Dec

STC

Stewart

$43.16

0.28 (0.65%)

19:56
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FAF

First American

$63.05

(0.00%)

19:55
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  • 13

    Feb

PFSI

PennyMac Financial

$33.91

0.12 (0.36%)

19:54
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AGIO

Agios Pharmaceuticals

$40.93

0.81 (2.02%)

18:40
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  • 09

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BPMC

Blueprint Medicines

$78.50

3.92 (5.26%)

18:34
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  • 08

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FATE

Fate Therapeutics

$13.64

0.07 (0.52%)

18:29
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RCKT

Rocket Pharmaceuticals

$22.37

2.61 (13.21%)

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  • 08

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ARGX

Argenx

$147.31

-2.56 (-1.71%)

, JNJ

Johnson & Johnson

$140.36

0.79 (0.57%)

18:03
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Recommendations
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ARGX

Argenx

$147.31

-2.56 (-1.71%)

JNJ

Johnson & Johnson

$140.36

0.79 (0.57%)

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  • 08

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BLUE

Bluebird Bio

$79.51

-1.24 (-1.54%)

, JNJ

Johnson & Johnson

$140.36

0.79 (0.57%)

17:58
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17:58
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17:58
Recommendations
Bluebird Bio, Johnson & Johnson, Amgen, Bristol-Myers, Regeneron analyst commentary at Piper Jaffray »

Piper says…

BLUE

Bluebird Bio

$79.51

-1.24 (-1.54%)

JNJ

Johnson & Johnson

$140.36

0.79 (0.57%)

AMGN

Amgen

$233.74

0.3 (0.13%)

BMY

Bristol-Myers

$59.94

0.435 (0.73%)

REGN

Regeneron

$372.26

4.02 (1.09%)

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  • 08

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BGNE

BeiGene

$186.89

-2.3 (-1.22%)

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LLY

Eli Lilly

$119.59

-0.175 (-0.15%)

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  • 08

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BMY

Bristol-Myers

$59.94

0.435 (0.73%)

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QURE

uniQure

$66.06

1.5 (2.32%)

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  • 09

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