Zions Bancorporation NA (ZION) Stock AnalysisZIONZions Bancorporation NA

Zions Bancorporation, National Association (the Bank) is a provider of financial services. It provides a range of banking products and related services, primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It conducts its operations primarily through seven managed and geographically defined bank divisions, each with its own local branding and management. Its products and services include commercial and small business banking, capital markets and investment banking, commercial real estate lending, retail banking, and wealth management. Its commercial small business banking products and services include commercial and industrial and owner-occupied lending and leasing, municipal and public finance services, corporate trust services, and others. Its capital markets and investment banking include loan syndications, fixed income securities underwriting, advisory and capital raising, and Power and project financing. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

Zions Bancorporation is currently priced at $63.37, with a forward P/E ratio of 9.15, which is relatively low compared to the sector. However, the RSI is at 59.65, indicating it is nearing overbought territory. The upcoming earnings report on October 19 is expected to show an EPS of $1.64, which could impact the stock's direction. The main risk is the recent downgrades from analysts, with the lowest target set at $64, suggesting limited upside from the current price.

26 analysts cover ZION: 13 rate it Buy, 12 Hold and 1 Sell. The average price target is 64.00.