BofA cuts target to USD 23 for KeyCorp stock

Published on 10/20/2026 at 21:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Consensus points to USD 25.11 from 20 analysts on October 19, 2026. KeyCorp stock costs EUR 18.49 on October 20, 2026 at 9:48 p.m. CEST.

Analyst target and bank metrics

BofA cut its KeyCorp target from USD 26.00 to USD 23.00 on October 8, 2026.
Consensus stood at USD 25.11 from 20 analysts on October 19, 2026.
KeyCorp stock costs EUR 18.49 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST.
The primary-exchange 52-week range was USD 16.91 to USD 24.07.

Flatlay mit Aktienzertifikat, ISIN-Karte, Bargeld, Münzen und Schreibutensilien auf Holztisch — KeyCorp mit ISIN US4932671088 symbolisiert dieses Flatlay mit Aktienzertifikat, ISIN-Karte, Bargeld und klassischen Büroutensilien, Illustration mit AI erstellt.

KeyCorp (ISIN US4932671088) faces a lower BofA target of USD 23.00, down from USD 26.00, while the bank's stock was priced at EUR 18.49 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST. Yahoo Finance reported the target change from MT Newswires on October 8, 2026.

Consensus stays above USD 25

The broader analyst picture remains higher than the revised BofA view. Investing.com reported on October 19, 2026 that 12 of 20 analysts rated KeyCorp a buy, while the consensus target stood at USD 25.11. That target is USD 2.11 above BofA's new level.

Stock range leaves room for movement

KeyCorp's primary listing is on the NYSE under ticker KEY. Its latest USD quote was USD 20.77 at 3:55 p.m. ET on October 20, 2026, with a market capitalization of USD 22.4 billion and a 52-week range of USD 16.91 to USD 24.07. The price sat USD 3.30 below the yearly high and USD 3.86 above the yearly low.

What does the latest quarter add?

KeyCorp operates through consumer and commercial banking, including deposits, lending, payments, investment banking and wealth management. Its third-quarter release dated October 20, 2026 reported net income of USD 537.0 million and diluted earnings per share of USD 0.51. PR Newswire carried the release.

Target gap and valuation

The BofA target of USD 23.00 is USD 2.23 above the latest USD quote, while the consensus target is USD 4.34 higher. KeyCorp's trailing P/E was 11.41 and its dividend yield was 4.00 percent on October 20, 2026. The valuation figures place the bank below the USD 25.11 consensus target while leaving the analyst range divided.

KeyCorp stock in context

For investors, the central contrast is between a revised USD 23.00 target and a consensus level of USD 25.11. The latest bank figures provide a separate operating reference, with third-quarter net income of USD 537.0 million and diluted earnings per share of USD 0.51.

Price and market context

KeyCorp stock was trading at EUR 18.49 at Lang & Schwarz on October 20, 2026 at 9:48 p.m. CEST. The primary-exchange quote was USD 20.77 on the NYSE at 3:55 p.m. ET on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of KeyCorp stock.