KeyBank Stock Price Prediction: 2023-2026

KeyBank Stock Performance

KeyCorp (NYSE: KEY), the parent company of KeyBank, has seen mixed performance in its stock price in recent years. In 2019, KEY stock reached a high of $28.20 per share. However, the onset of the COVID-19 pandemic in 2020 sent the stock tumbling, and it reached a low of $11.50 per share in March 2020. Since then, KEY stock has rebounded, and it closed at $21.48 per share on January 19, 2023.

Analysts' Expectations for KeyBank Stock Price

Analysts are generally positive on KeyBank's stock price outlook. According to a survey of 10 analysts conducted by Zacks Investment Research, the average price target for KEY stock is $24.00 per share. This represents a potential upside of 11.7% from the current price. The highest price target is $26.00 per share, and the lowest price target is $22.00 per share.

Factors Affecting KeyBank Stock Price

There are a number of factors that could affect KeyBank's stock price in the future. These include:

• The overall economy: The health of the U.S. economy is a major factor that could impact KeyBank's stock price. If the economy continues to grow, KeyBank is likely to benefit from increased lending activity. However, if the economy enters a recession, KeyBank could see a decline in its loan portfolio and its stock price could suffer.
• Interest rates: KeyBank is a major lender, so interest rates have a significant impact on its profitability. If interest rates rise, KeyBank's net interest margin (NIM) will increase, which will boost its profitability. However, if interest rates fall, KeyBank's NIM will decrease, which will hurt its profitability.
• Competition: KeyBank faces competition from a number of other banks, both large and small. If KeyBank is unable to compete effectively, it could lose market share and its stock price could suffer.
• Regulatory changes: KeyBank is subject to a number of regulations, both state and federal. If these regulations change, it could impact KeyBank's operations and its stock price.

Tips for Investing in KeyBank Stock

If you are considering investing in KeyBank stock, there are a few things you should keep in mind.

• Do your research: Before you invest in any stock, it is important to do your research and understand the company. Read the company's financial statements, research its management team, and analyze its competitive landscape.
• Consider your risk tolerance: KeyBank stock is a relatively risky investment. If you are not comfortable with the potential for losing money, you should not invest in KEY stock.
• Invest for the long term: KeyBank stock is a good investment for long-term investors who are willing to ride out the ups and downs of the market. If you are looking for a quick profit, you should not invest in KEY stock.

Conclusion

KeyBank is a well-run bank with a strong track record of financial performance. While there are a number of factors that could impact its stock price in the future, analysts are generally positive on KEY stock's outlook. If you are considering investing in KeyBank stock, it is important to do your research, consider your risk tolerance, and invest for the long term.

Tables

Table 1: KeyBank Stock Price History

Table 2: KeyBank Stock Price Targets

Table 3: KeyBank Financial Data

Table 4: KeyBank Risk Factors