KeyCorp (NYSE:KEY) Price Target Raised to $25.00

09 Jan 2026, 06:50 by Kim Johansen · The Markets Daily

KeyCorp (NYSE:KEY – Free Report) had its price target boosted by The Goldman Sachs Group from $22.00 to $25.00 in a report released on Tuesday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other analysts have also commented on the stock. UBS Group boosted their price target on shares of KeyCorp from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Citigroup reissued a “neutral” rating on shares of KeyCorp in a research report on Wednesday, December 31st. Stephens raised their price target on shares of KeyCorp from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. JPMorgan Chase & Co. lifted their price target on KeyCorp from $19.50 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Wells Fargo & Company set a $18.00 price objective on KeyCorp and gave the stock an “underperform” rating in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $22.33.

Check Out Our Latest Stock Analysis on KEY

KeyCorp Stock Up 0.9%

KEY stock opened at $21.49 on Tuesday. The stock’s 50 day simple moving average is $19.35 and its 200 day simple moving average is $18.63. KeyCorp has a fifty-two week low of $12.73 and a fifty-two week high of $21.75. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $23.49 billion, a P/E ratio of 26.53, a price-to-earnings-growth ratio of 0.53 and a beta of 1.09.

KeyCorp (NYSE:KEY – Get Free Report) last announced its quarterly earnings data on Thursday, October 16th. The financial services provider reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.87 billion. KeyCorp had a return on equity of 10.14% and a net margin of 10.08%.The company’s revenue for the quarter was up 172.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.47) earnings per share. On average, research analysts expect that KeyCorp will post 1.5 earnings per share for the current fiscal year.

KeyCorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd were issued a $0.205 dividend. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $0.82 annualized dividend and a dividend yield of 3.8%. KeyCorp’s dividend payout ratio is currently 101.23%.

Institutional Trading of KeyCorp

A number of hedge funds have recently bought and sold shares of KEY. J. Safra Sarasin Holding AG purchased a new stake in shares of KeyCorp during the 2nd quarter valued at $337,000. Marshall Wace LLP grew its position in KeyCorp by 2,258.4% during the second quarter. Marshall Wace LLP now owns 2,572,980 shares of the financial services provider’s stock valued at $44,821,000 after buying an additional 2,463,880 shares during the period. Nordea Investment Management AB increased its holdings in KeyCorp by 23.2% during the second quarter. Nordea Investment Management AB now owns 107,565 shares of the financial services provider’s stock worth $1,867,000 after buying an additional 20,228 shares during the last quarter. Prudential Financial Inc. raised its position in KeyCorp by 9.9% in the second quarter. Prudential Financial Inc. now owns 575,108 shares of the financial services provider’s stock worth $10,018,000 after acquiring an additional 51,705 shares during the period. Finally, Signal Advisors Wealth LLC purchased a new position in KeyCorp in the second quarter valued at about $431,000. 79.69% of the stock is currently owned by institutional investors.

Key KeyCorp News

Here are the key news stories impacting KeyCorp this week:

Positive Sentiment: Goldman Sachs raised its price target on KeyCorp to $25.00, signaling stronger analyst confidence in the bank’s outlook. The Goldman Sachs Group Boosts KeyCorp (NYSE:KEY) Price Target to $25.00
Positive Sentiment: JPMorgan raised its price target to $22.00, another ratification of improved expectations for KeyCorp’s earnings trajectory. JPMorgan Chase & Co. Raises KeyCorp (NYSE:KEY) Price Target to $22.00
Positive Sentiment: TD Cowen bumped its target to $25 and set a Buy rating, representing material upside from current levels and supporting upward momentum. Benzinga
Positive Sentiment: Wells Fargo raised its price target to $24, adding further analyst support to the recent re-rating of the shares. Wells Fargo & Company Boosts KeyCorp (NYSE:KEY) Price Target to $24.00
Positive Sentiment: Coverage and commentary note a shifting narrative — fresh management guidance and activist pressure are being interpreted as catalysts for operational/strategic improvements. Why The Narrative Around KeyCorp (KEY) Is Shifting After Fresh Guidance And Activist Pressure
Neutral Sentiment: Analysts and research outlets point to KeyCorp’s strong earnings surprise history and the potential to beat again, which is supportive but not certain ahead of results. Will KeyCorp (KEY) Beat Estimates Again in Its Next Earnings Report?
Negative Sentiment: KeyBank (a KeyCorp unit) agreed to pay $7.77M to resolve U.S. allegations tied to PPP loan forgiveness fraud — a modest hit financially but a reputational/regulatory headwind to monitor. KeyCorp unit to pay $7.77 million to resolve US fraud claims
Negative Sentiment: Robert W. Baird has maintained / reiterated negative ratings (recently downgrading/reaffirming underperform/strong-sell), creating mixed sell-side signals that add volatility risk. Robert W. Baird Reaffirms Underperform Rating for KeyCorp (NYSE:KEY)

KeyCorp Company Profile

(Get Free Report)

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.