KeyCorp's Valuation Attracts Investors Amid Regional Bank Sector Concerns

KeyCorp (KEY) is attracting investors due to its perceived value profile and dividend appeal, despite concerns about the regional bank sector. The stock has a 90-day share price return of 16.99% and a 1-year total shareholder return of 29.76%. Analysts have a consensus price target of $19.86, but some predict a higher fair value of $22.80, which would indicate the stock is undervalued. However, valuation risk remains due to the high P/E multiple of 24.5x, which could compress if earnings stumble or market expectations cool.