KD Logo

The Attractiveness of Investing In Zions Bancorporation N.A (ZION) is Growing

Zions Bancorporation N.A’s recently made public that its Officer Smith Jennifer Anne acquired Company’s shares for reported $1.28 million on Feb 18 ’25. In the deal valued at $56.47 per share,22,673 shares were bought.

Then, STEPHENS STEVEN DAN sold 10,000 shares, generating $557,120 in total proceeds. Upon selling the shares at $55.71, the Executive Vice President now owns 45,847 shares.

Before that, Arbuckle Jason D. sold 40 shares. Zions Bancorporation N.A shares valued at $2,241 were divested by the SVP – Controller at a price of $56.03 per share. As a result of the transaction, Arbuckle Jason D. now holds 3,954 shares, worth roughly $0.22 million.

Goldman upgraded its Zions Bancorporation N.A [ZION] rating to a Buy from a a Neutral in a research note published recently. Morgan Stanley also remained covering ZION and has increased its forecast on September 30, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Argus revised its rating on July 25, 2024. It rated ZION as “a Hold” which previously was an “a Buy”.

Price Performance Review of ZION

On Tuesday, Zions Bancorporation N.A [NASDAQ:ZION] saw its stock jump 1.87% to $56.78. Over the last five days, the stock has gained 1.34%. Zions Bancorporation N.A shares have risen nearly 4.66% since the year began. Nevertheless, the stocks have risen 40.48% over the past one year. While a 52-week high of $63.22 was reached on 01/22/25, a 52-week low of $38.01 was recorded on 01/10/25. SMA at 50 days reached $56.54, while 200 days put it at $50.21.

Levels Of Support And Resistance For ZION Stock

The 24-hour chart illustrates a support level at 55.86, which if violated will result in even more drops to 54.94. On the upside, there is a resistance level at 57.25. A further resistance level may holdings at 57.72. The Relative Strength Index (RSI) on the 14-day chart is 50.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.88%. Stochastics %K at 34.10% indicates the stock is a holding.

The most recent change occurred on April 10, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $47 price target.

Most Popular