SunTrust Banks, Inc. (NYSE:STI) currently has an A verage Broker Rating of 2.22. This number is based on the 23 sell-side firms polled by Zacks. The ABR rank within the industry stands at 213. Analysts on a consensus basis are expecting that the stock will reach $64.21 within the year. The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating.
An evaluation of a stock’s expected performance and/or its risk level as judged by a rating agency such as Standard and Poor’s. A stock rating will usually tell the investor how well a stock’s market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. The greater the amount by which the fair value exceeds the market value, the more highly recommended a buy the stock is. Conversely, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold.
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SunTrust Banks, Inc. (NYSE:STI) closed the last session at $60.62 and sees an average of 3042644 shares trade hands in each session. The 52-week low of the stock stands at $44.74 while the current level stands at 95.38% of the 52-week High-Low range. Looking further out we can see that the stock has moved 4.88% over the past 12 weeks and 10.52% year to date.
Research analysts are predicting that SunTrust Banks, Inc. (NYSE:STI) will report earnings of $1.05 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
Most recently SunTrust Banks, Inc. (NYSE:STI) posted quarterly earnings of $1.06 which compared to the sell-side estimates of 1.06. The stock’s 12-month trailing earnings per share stands at $3.86. Shares have moved $2.23 over the past month and more recently, $2.55 over the past week heading into the earnings announcement. There are 12 analyst projections that were taken into consideration from respected brokerage firms.
9 analysts rate SunTrust Banks, Inc. a Buy or Strong Buy, which is 39.13% of all the analyst ratings.
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This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.