Odeon Capital Starts KeyCorp (KEY) at Buy

Odeon Capital analyst Dick Bove initiates coverage on KeyCorp (NYSE: KEY) with a Buy rating and a price target of $16.10.

Dove commented, "In sum, Key may produce better earnings results on a relative basis than its peers. It is likely to maintain its dividend which offers investors a 5% plus yield. Moreover, the stock generally sells at a premium not a discount to its book value; a book value which is growing."

For an analyst ratings summary and ratings history on KeyCorp click here. For more ratings news on KeyCorp click here.

Shares of KeyCorp closed at $14.56 yesterday.

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