(ZION) Zions Bancorporation - Ratings and Ratios

Zions Bancorporation is a regional banking powerhouse with a diverse presence across 11 western US states, offering a broad array of financial services to individuals, businesses, and institutions. The companys extensive network is operated through multiple bank segments, including Zions Bank, California Bank & Trust, and Amegy Bank, among others. Zions Bancorporations comprehensive suite of banking products and services encompasses commercial and small business banking, capital markets and investment banking, commercial real estate lending, retail banking, and wealth management.

With a rich history dating back to 1873, Zions Bancorporation has established itself as a trusted financial institution, providing a range of services including loan syndications, foreign exchange, interest rate derivatives, and investment management. The companys commitment to delivering tailored financial solutions to its customers is evident in its diverse product offerings, which cater to the needs of small- and medium-sized businesses, individuals, and institutions. Zions Bancorporations headquarters is located in Salt Lake City, Utah, and its stock is listed on the NASDAQ exchange under the ticker symbol ZION.

Analyzing the and , we can observe that Zions Bancorporations stock has been trading around its 20-day simple moving average (SMA20) of $47.97, with a current price of $49.28. The stocks 50-day SMA is $46.08, indicating a potential bullish trend. Additionally, the companys market capitalization stands at approximately $6.99 billion, with a price-to-earnings (P/E) ratio of 9.25 and a forward P/E of 9.43. The return on equity (RoE) is reported at 12.89%, suggesting a relatively strong profitability profile.

Based on the available data, a forecast for Zions Bancorporations stock can be derived. Considering the stocks current price and its proximity to the SMA20, we can anticipate a potential short-term upward momentum, driven by the companys solid fundamental profile and the overall trend in the regional banking sector. With a 52-week high of $60.72 and a low of $39.39, the stocks average true range (ATR) is $1.20, representing a 2.43% volatility. Assuming a continued stable economic environment and a steady demand for banking services, we can forecast a potential price target for Zions Bancorporations stock in the range of $55-$60, representing a 12%-22% upside from current levels.