SunTrust Banks, Inc. (NYSE:STI) had its Buy rating reiterated by Keefe, Bruyette & Woods with a $79.00 price target

ME Staff
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Analyst Ratings For SunTrust Banks, Inc. (NYSE:STI)

Today, Keefe, Bruyette & Woods reiterated its Buy rating on SunTrust Banks, Inc. (NYSE:STI) with a price target of $79.00.

There are 0 sell ratings, 14 hold ratings, 13 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on SunTrust Banks, Inc. (NYSE:STI) is Hold with a consensus target price of $70.4545 per share, a potential 0.54% downside.

Some recent analyst ratings include

  • 7/23/2018-Keefe, Bruyette & Woods Reiterated Rating of Buy.
  • 7/2/2018-Argus Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 6/29/2018-FIG Partners Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 6/29/2018-Sandler O’Neill Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 6/27/2018-Sanford C. Bernstein Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 4/23/2018-Stephens was Downgraded by analysts at Stephens from a “Overweight ” rating to a ” Equal Weight” rating. They now have a N/A price target on the stock.

Recent Insider Trading Activity For SunTrust Banks, Inc. (NYSE:STI)
SunTrust Banks, Inc. (NYSE:STI) has insider ownership of 0.52% and institutional ownership of 84.17%.

  • On 5/21/2018 Hugh S Cummins III, COO, sold 11,000 with an average share price of $69.00 per share and the total transaction amounting to $759,000.00.
  • On 5/16/2018 Frank P Scruggs Jr, Director, bought 1,000 with an average share price of $69.01 per share and the total transaction amounting to $69,010.00.
  • On 5/14/2018 Jerome T Lienhard, EVP, sold 8,750 with an average share price of $69.06 per share and the total transaction amounting to $604,275.00.
  • On 5/4/2018 Steven C Voorhees, Director, bought 6,000 with an average share price of $65.96 per share and the total transaction amounting to $395,760.00.
  • On 5/2/2018 Agnes Bundy Scanlan, Director, sold 1,500 with an average share price of $67.35 per share and the total transaction amounting to $101,025.00.
  • On 2/20/2018 Susan S Johnson, Insider, sold 3,600 with an average share price of $71.04 per share and the total transaction amounting to $255,744.00.
  • On 2/16/2018 Mark A Chancy, Vice Chairman, sold 7,500 with an average share price of $70.13 per share and the total transaction amounting to $525,975.00.

About SunTrust Banks, Inc. (NYSE:STI)
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market. The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services and auto dealer financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2017, it operated 1,268 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Recent Trading Activity for SunTrust Banks, Inc. (NYSE:STI)
Shares of SunTrust Banks, Inc. closed the previous trading session at 70,84 up +1,83 2,65 % with 5658400 shares trading hands.