BB&T Corporation (NYSE:BBT) gets downgraded to Hold by Deutsche Bank with a price target of $49.08

ME Staff
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Analyst Ratings For BB&T Corporation (NYSE:BBT)

Today, BB&T Corporation (NYSE:BBT) stock was downgraded by Deutsche Bank from Buy to Hold with a price target of $49.08.

There are 8 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on BB&T Corporation (NYSE:BBT) is Buy with a consensus target price of $53.7345 per share, a potential 8.51% upside.

Some recent analyst ratings include

  • 1/25/2019-BB&T Corporation (NYSE:BBT) gets downgraded to Hold by Deutsche Bank with a price target of $49.08
  • 1/18/2019-BB&T Corporation (NYSE:BBT) had its Buy rating reiterated by Argus
  • 1/10/2019-BB&T Corporation (NYSE:BBT) gets downgraded to Underperform by Bank of America with a price target of $48.00
  • 7/20/2018-BB&T Corporation (NYSE:BBT) had its Buy rating reiterated by Stephens with a $59.00 price target
  • On 12/6/2018 Patrick C Graney III, Director, bought 4,200 with an average share price of $47.56 per share and the total transaction amounting to $199,752.00.
  • On 11/7/2018 Nido R. Qubein, Director, sold 2,825 with an average share price of $50.19 per share and the total transaction amounting to $141,786.75.
  • On 10/31/2018 I. Patricia Henry, Director, sold 611 with an average share price of $49.50 per share and the total transaction amounting to $30,244.50.
  • On 8/3/2018 Donta L Wilson, Insider, sold 3,018 with an average share price of $51.55 per share and the total transaction amounting to $155,577.90.
  • On 6/15/2018 K. David Jr. Boyer, Director, sold 2,500 with an average share price of $52.34 per share and the total transaction amounting to $130,850.00.
  • On 5/18/2018 W Bennett Bradley, Insider, sold 5,565 with an average share price of $55.14 per share and the total transaction amounting to $306,854.10.
  • On 5/8/2018 William Rufus Yates, Insider, sold 16,279 with an average share price of $54.20 per share and the total transaction amounting to $882,321.80.

About BB&T Corporation (NYSE:BBT)
BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company operates through four segments: CB-Retail, CB-Commercial, IH&PF, and FS&CF. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides various funding services; and asset management, automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. Additionally, BB&T Corporation offers non-deposit investment products, including discount brokerage services, equities, fixed-rate, variable-rate and index annuities, mutual funds, government and municipal bonds, and money market funds. As of October 16, 2018, it operated through approximately 1,900 financial centers. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

Recent Trading Activity for BB&T Corporation (NYSE:BBT)
Shares of BB&T Corporation closed the previous trading session at 49.56 up +0.31 0.63% with 49.6 shares trading hands.