UBS Reaffirms Their Hold Rating on Zions Bancorporation National Association (ZION)

UBS analyst Nicholas Holowko maintained a Hold rating on Zions Bancorporation National Association today and set a price target of $66.00.

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Holowko covers the Financial sector, focusing on stocks such as Columbia Banking System, First Citizens BancShares, and First Interstate Bancsystem. According to TipRanks, Holowko has an average return of 10.5% and a 54.55% success rate on recommended stocks.

In addition to UBS, Zions Bancorporation National Association also received a Hold from Truist Financial’s David Smith -CFA in a report issued on February 2. However, yesterday, Robert W. Baird maintained a Buy rating on Zions Bancorporation National Association (NASDAQ: ZION).

Based on Zions Bancorporation National Association’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.25 billion and a net profit of $222 million. In comparison, last year the company earned a revenue of $1.28 billion and had a net profit of $214 million

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZION in relation to earlier this year. Earlier this month, Eric Ellingsen, the Executive VP & of ZION sold 1,519.00 shares for a total of $93,053.94.