Compass Point Reiterates Buy on Regions Financial Corp (RF)

By admin | 6 years ago

Regions Financial Corp (NYSE: RF)‘s stock had its “buy” rating reaffirmed by Compass Point in a research note issued on Friday.

A number of other analysts have also recently weighed in on RF. Analysts at Jefferies Group (NYSE: JEF) raised their price target on shares of Regions Financial Corp from $7.00 to $7.50 in a research note to investors on Wednesday, April 25th. They now have a “hold” rating on the stock. Separately, analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of Regions Financial Corp from $7.00 to $8.00 in a research note to investors on Wednesday, April 25th. Finally, analysts at Raymond James (NYSE: RJF) upgraded shares of Regions Financial Corp from an “outperform” rating to a “strong-buy” rating in a research note to investors on Wednesday, April 25th.

Regions Financial Corp traded down 1.33% on Friday, hitting $6.5713. Regions Financial Corp has a 1-year low of $2.82 and a 1-year high of $7.41. The company’s market cap is $9.281 billion.

Regions Financial Corp last released its earnings data on Tuesday, April 24th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. Analysts expect that Regions Financial Corp will post $0.16 EPS next quarter.

Regions Financial Corporation (Regions) is a financial holding company. Regions operate throughout the South, Midwest and Texas.

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