The shares of KeyCorp (NYSE:KEY) has been pegged with a rating of Neutral by Wedbush in its latest research note that was published on February 4th, 2019. Wedbush wasn’t the only research firm that published a report of KeyCorp, with other equities research analysts also giving their opinion on the stock. Sandler O’Neill advised investors in its research note published on January 11th, 2019, to Buy the KEY stock. The stock had earned Underweight rating from Barclays when it published its report on January 2nd, 2019. That day the Barclays set price target on the stock to $20. The stock was given Reduce rating by Nomura in its report released on December 10th, 2018. Nomura was of a view that KEY is Neutral in its latest report on November 13th, 2018. Standpoint Research thinks that KEY is worth Buy rating. This was contained in the firm’s report on October 12th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.34. The price of the stock the last time has raised by 26.84% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 55.96.
The shares of the company added by 1.46% during the trading session on Wednesday, reaching a low of $17.09 while ending the day at $17.32. During the trading session, a total of 10.95 million shares were traded which represents a 11.07% incline from the average session volume which is 12.31M shares. KEY had ended its last session trading at 17.07. KeyCorp currently has a market cap of $17.40B, while its P/E ratio stands at 10.18, while its P/E earnings growth sits at 3.57, with a beta of 1.21. KeyCorp debt-to-equity ratio currently stands at 0.97, while its quick ratio hovers at . KEY 52-week low price stands at $13.65 while its 52-week high price is $21.92.
The company in its last quarterly report recorded $0.48 earnings per share which is above the $0.47 predicted by most analysts. The KeyCorp generated $1,653.00 million in revenue during the last quarter, which is slightly higher than the $1,641.45 million predicted by analysts. In the second quarter last year, the firm recorded $0.45 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.25%. KeyCorp has the potential to record 1.70 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Jefferies published a research note on February 1st, 2019 where it informed investors and clients that Celgene Corporation (NASDAQ:CELG) is now rated as Hold. Their price target on the stock stands at $95. Sandler O’Neill also rated CELG as Upgrade on January 11th, 2019, with its price target of $5.50 suggesting that CELG could surge by 10.61% from its current share price. Even though the stock has been trading at $85.60/share, analysts expect it to surge higher by 1.99% to reach $97.66/share. It started the day trading at $87.45 and traded between $85.76 and $87.30 throughout the trading session.
A look at its technical shows that CELG’s 50-day SMA is 86.63 while its 200-day SMA stands at 82.23. The stock has a high of $95.30 for the year while the low is $58.59. The company’s P/E ratio currently sits at 15.78, while the P/B ratio is 9.91. At the moment, only of Celgene Corporation shares were sold short. The company’s average trading volume currently stands at 11.44M shares, which means that the short-interest ratio is just 1.50 days. Over the past seven days, the company moved, with its shift of 0.83%. Looking further, the stock has raised 27.11% over the past 90 days while it lost -2.08% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more CELG shares, increasing its portfolio by +1.94% during the last quarter. This move now sees The Vanguard Group Inc purchasing 981,169 shares in the last quarter, thus it now holds 51,542,145 shares of CELG, with a total valuation of $4,284,183,092. BlackRock Fund Advisors meanwhile bought more CELG shares in the recently filed quarter, changing its stake to $3,291,940,087 worth of shares. SSgA Funds Management Inc followed the path by increasing its CELG portfolio by +0.22% in the quarter. This means that SSgA Funds Management Inc bought 65,255 shares in the last quarter and now controls 29,236,696 shares of the CELG stock, with the valuation hitting $2,430,154,172.
Similarly, Henderson Global Investors Ltd increased its Celgene Corporation shares by +6.33% during the recently filed quarter. After buying 662,693 shares in the last quarter, the firm now controls 11,124,351 shares of Celgene Corporation which are valued at $924,656,055. In the same vein, Geode Capital Management LLC increased its Celgene Corporation shares by during the most recent reported quarter. The firm bought 787,638 shares during the quarter which increased its stakes to 9,942,267 shares and is now valued at $826,401,233. Following these latest developments, around 0.10% of Celgene Corporation stocks are owned by institutional investors and hedge funds.