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Raymond James Stick to Their Buy Rating for Zions Bancorporation National Association

Published 05/04/2021, 07:27 AM
Updated 05/04/2021, 07:27 AM


Raymond James analyst David Long reiterated a Buy rating on Zions Bancorporation National Association (NASDAQ:ZION) on Tuesday, setting a price target of $65, which is approximately 16.41% above the present share price of $55.84.

Long expects Zions Bancorporation National Association to post earnings per share (EPS) of $0.00 for the second quarter of 2021.

The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Zions Bancorporation National Association, with an average price target of $58.82.
The analysts price targets range from a high of $70 to a low of $49.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $714 million and a net profit of $0. The company's market cap is $9.15 billion.

According to TipRanks.com, Raymond James analyst David Long is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.3% and a 41.62% success rate.

Zions Bancorporation engages in the provision of banking and related services and offers commercial, retail banking and mortgage lending products & services. Its products involves personal banking services to individuals, including home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet & mobile banking. The company was founded in April 1955 and is headquartered in Salt Lake City, UT.

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