KeyCorp (KEY) Stock AnalysisKEYKeyCorp

KeyCorp is a bank-based financial services company, which operates through its subsidiary, KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. Its segment includes Consumer Bank and Commercial Bank. The Consumer Bank serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and others. The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment is focused on serving the borrowing, cash management, and capital markets. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

KeyCorp is a good buy right now due to its current price of $19.97, which is below the average analyst price target of $24.5, indicating a potential upside of 22.6%. Additionally, the forward P/E ratio of 9.89 suggests the stock is undervalued compared to its earnings potential. The main risk is the RSI of 37.335, indicating the stock is nearing oversold territory, which could lead to further price declines in the short term.

28 analysts cover KEY: 18 rate it Buy, 9 Hold and 1 Sell. The average price target is 23.00.