Investment firm Stephens has adjusted its outlook on Zions Bancorp (ZION, Financial), reducing the stock's price target to $52 from an earlier forecast of $54. Despite maintaining an Equal Weight rating on the shares, the firm has expressed caution over the company's performance.
This revision comes in light of weaker-than-expected results in Zions Bancorp's first-quarter pre-provision net revenue. Stephens has highlighted potential underperformance in the near term, particularly considering the outlook for the first quarter of 2026.
Investors are advised to take note of these developments, as the firm's assessment suggests that Zions Bancorp may face challenges in meeting revenue expectations in the short term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Zions Bancorp NA (ZION, Financial) is $57.82 with a high estimate of $65.00 and a low estimate of $52.00. The average target implies an upside of 32.56% from the current price of $43.62. More detailed estimate data can be found on the Zions Bancorp NA (ZION) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Zions Bancorp NA's (ZION, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Zions Bancorp NA (ZION, Financial) in one year is $53.26, suggesting a upside of 22.1% from the current price of $43.62. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Zions Bancorp NA (ZION) Summary page.
