BB&T Given New $36.00 Price Target at Raymond James (BBT)
Shares of BB&T opened at 30.66 on Thursday. BB&T has a one year low of $26.86 and a one year high of $34.37. The stock’s 50-day moving average is currently $30.55. The company has a market cap of $21.454 billion and a P/E ratio of 11.36.
Several other analysts have also recently commented on the stock. Analysts at Guggenheim reiterated a buy rating on shares of BB&T in a research note to investors on Tuesday, February 19th. They now have a $38.00 price target on the stock. Separately, analysts at Citigroup upgraded shares of BB&T from a neutral rating to a buy rating in a research note to investors on Tuesday, February 5th. They now have a $46.00 price target on the stock. Finally, analysts at BMO Capital Markets downgraded shares of BB&T from an outperform rating to a market perform rating in a research note to investors on Tuesday, February 5th. They now have a $29.00 price target on the stock. They noted that the move was a valuation call.
Eleven analysts have rated the stock with a buy rating, one has issued an overweight rating, twenty-two have assigned a hold rating, and one has given a sell rating to the stock. The stock has a consensus rating of overweight and an average price target of $33.75.
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