SunTrust Banks, Inc. (NYSE:STI) last session’s volume of 2.92 million shares was higher than its average volume of 2.88 million shares. The stock, after opening at $67.79, hit $69.54 through the close by scoring 3.25%.SunTrust Banks, Inc. (STI) Analyst Opinion
SunTrust Banks, Inc. has a consensus outperform rating from 27 Wall Street analysts, and the number of shares currently sold short amount to at least 2.1% of shares outstanding. The stock sank -1.12% last month and is up 7.66 this year. Wall Street is only getting more bullish on the stock, with 16 of analysts who cover STI having a buy-equivalent rating. Analysts have placed a $75.65 price target on SunTrust Banks, Inc., suggesting a 8.79% gain from recent close. It’s currently trading about -5.22% below its 52-week high.
SunTrust Banks, Inc. (STI) surprised the stock market in its last reported earnings when it earned $1.29 a piece versus the consensus-estimated $1.11. Its revenue totaled $2.28 billion down -1% from the previous quarter.SunTrust Banks, Inc. (NYSE:STI) Intraday View
This stock (STI) is ahead of its 52-week low with 33.83%. Its last month’s stock price volatility remained 2.07% which for the week stands at 1.95%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.37% and stays 2.03% away from its 50 days moving average. Over the last five days, shares have managed 5.33% gains and now is up 5.67% since hitting its 200-day moving average of $68.49. SunTrust Banks, Inc. (STI) has made its way to a 12-month gain of 20.37%.
Turning to Cronos Group Inc. (NASDAQ:CRON), its shares were trading at $6.95 a retreat of $-0.01, on the trading floor. The stock, after opening at $6.95, touched a high of $7.07 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. Cronos Group Inc. has 1 buy ratings, 2 holds and 1 sells even after the stock tumbled -41.6% from its high of $11.90 to a $925.34 million market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 2.67 to 2.67 during a month. Analysts set a 12-month price target of $0 a share. The target implies a -100% decrease from where the shares are currently trading. Also, the current price highlights a discount of 87.05% to analysts’ high consensus price target.
The counter witnessed a trading volume of 1.88 million shares versus an average volume of 3.31 million shares during last trading session. Its last month’s stock price volatility remained 4.04% which for the week approaches 6.52%. The lowest price the stock reached in the last trading day was $6.91 and compares with the $1.00 52-week low. The stock recovered 595% since its low point and has performed -10.08% year-to-date.