Market Overview

UPDATE: Deutsche Bank Raises PT to $34 on BB&T Corporation on Higher 2013 Estimates

Share:
Related BBT
Worst Performing Industries For April 23, 2015
Earnings Scheduled For April 23, 2015
BB&T Gains Over 2% on News of Susquehanna Branch Sale - Analyst Blog (Zacks)

Deutsche Bank increases its price target on BBT Corporation (NYSE: BBT) from $32 to $34 and reiterates its Buy rating on shares.

Deutsche Bank comments, "Our target price goes down given higher 2013e. BBT remains one of our top core holdings among the regionals reflecting likely upside to EPS estimates and a stock that trades at a slight discount to peers on our 2013e of $3.19. While reported NIM is likely to be under pressure from run-off of Colonial, NIM ex this should trend up, fees should grow nicely, and expenses still to benefit from lower OREO costs, credit costs should trend down and capital to remain strong."

BBT closed at $30.26 on Thursday.

Latest Ratings for BBT

DateFirmActionFromTo
Apr 2015CitigroupMaintainsNeutral
Apr 2015Compass PointDowngradesBuyNeutral
Apr 2015BMO CapitalMaintainsMarket Perform

View More Analyst Ratings for BBT
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Reiteration Pre-Market Outlook Analyst Ratings

 

Related Articles (BBT)

Around the Web, We're Loving...