Credit Suisse Reaffirms Their Hold Rating on Regions Financial (RF)

In a report released yesterday, Susan Roth Katzke from Credit Suisse maintained a Hold rating on Regions Financial (RFResearch Report), with a price target of $12.00. The company’s shares closed last Thursday at $10.17.

According to TipRanks.com, Katzke is a 5-star analyst with an average return of 13.0% and a 68.4% success rate. Katzke covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., First Republic Bank, and Truist Financial.

Regions Financial has an analyst consensus of Moderate Buy, with a price target consensus of $12.82.

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The company has a one-year high of $17.55 and a one-year low of $6.95. Currently, Regions Financial has an average volume of 14.77M.

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Regions Financial Corp. operates as a bank holding company. It provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing. The company operates through the following segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment represents the company’s commercial banking functions including commercial and industrial, commercial real estate and investor real estate lending. The Consumer Bank segment holds the company’s branch network, including consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards and other consumer loans. The Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities a range of solutions to help protect grow and transfer wealth. Regions Financial was founded in 1971 and is headquartered in Birmingham, AL.