Regions Financial (RF) Receives a Hold from B.Riley FBR

By Austin Angelo

In a report released yesterday, Steve Moss from B.Riley FBR maintained a Hold rating on Regions Financial (NYSE: RF), with a price target of $20. The company’s shares closed yesterday at $17.16.

According to TipRanks.com, Moss is a 3-star analyst with an average return of 2.4% and a 46.3% success rate. Moss covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, The Bank of Princeton, and Meta Financial Group.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Regions Financial with a $21 average price target.

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The company has a one-year high of $20.21 and a one-year low of $14.68. Currently, Regions Financial has an average volume of 10.73M.

Based on the recent corporate insider activity of 148 insiders, corporate insider sentiment is negative on the stock.

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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.