Analysts Swing to Diverse Views for SunTrust Banks, Inc. (STI), Viacom, Inc. (VIAB)

Shares of SunTrust Banks, Inc. (NYSE:STI) opened at $57.77, and ended -0.71% lower at $57.21. Nearly 0.83 million shares were traded by the close, lower than its average daily volume of 3.06 million shares.

SunTrust Banks, Inc. (STI) Analyst Opinion

SunTrust Banks, Inc. has a consensus outperform rating from 30 Wall Street analysts, and the number of shares currently sold short amount to at least 1.78% of shares outstanding. The stock sank -4.3% last month and is up 4.3 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover STI having a buy-equivalent rating. Analysts have placed a $63.98 price target on SunTrust Banks, Inc., suggesting a 11.83% gain from recent close. It’s currently trading about -7.26% below its 52-week high.

SunTrust Banks, Inc. Earnings Surprise

SunTrust Banks, Inc. (STI) surprised the stock market in its last reported earnings when it earned $1.06 a piece versus the consensus-estimated $1.05. Its revenue totaled $2.31 billion up 1.89% from the previous quarter.

SunTrust Banks, Inc. (NYSE:STI) Intraday View

This stock (STI) is ahead of its 52-week low with 11.89%. Its last month’s stock price volatility remained 1.08% which for the week stands at 1.47%. The share price has moved backward from its 20 days moving average, trading at a distance of -2.58% and stays -2.65% away from its 50 days moving average. Over the last five days, shares have faced -0.88% losses and now is up 0.33% since hitting its 200-day moving average of $56.94. SunTrust Banks, Inc. (STI) has made its way to a 12-month gain of 9.26%.

Turning to Viacom, Inc. (NASDAQ:VIAB), its shares were trading at $26.29 a retreat of $-0.39, on the trading floor. The stock, after opening at $26.72, touched a high of $26.94 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. Viacom, Inc. has 3 buy ratings, 18 holds and 2 sells even after the stock tumbled -43.73% from its high of $46.72 to a $9.9 billion market value through last close.

Viacom, Inc. (VIAB) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.87 to 2.83 during a month. Analysts set a 12-month price target of $32.84 a share. The target implies a 24.91% spike from where the shares are currently trading. Also, the current price highlights a discount of 74.97% to analysts’ high consensus price target.

Viacom, Inc. (NASDAQ:VIAB) Intraday Trading

The counter witnessed a trading volume of 2.14 million shares versus an average volume of 5.83 million shares during last trading session. Its last month’s stock price volatility remained 6.11% which for the week approaches 4.75%. The lowest price the stock reached in the last trading day was $26.24 and compares with the $22.13 52-week low. The stock recovered 18.8% since its low point and has performed -25.1% year-to-date.

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