Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Posted by Stanley Muller on Jun 29th, 2026

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) had its target price hoisted by investment analysts at Morgan Stanley from $68.00 to $77.00 in a report issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the bank’s stock. Morgan Stanley’s price objective suggests a potential upside of 11.23% from the stock’s previous close.

A number of other brokerages have also issued reports on ZION. Truist Financial increased their target price on Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “hold” rating in a research report on Tuesday, April 21st. Piper Sandler cut their price target on Zions Bancorporation, N.A. from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. TD Cowen raised their price objective on shares of Zions Bancorporation, N.A. from $64.00 to $65.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings raised Zions Bancorporation, N.A. from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $68.00 price objective on shares of Zions Bancorporation, N.A. in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $66.88.

View Our Latest Stock Report on ZION

Zions Bancorporation, N.A. Stock Up 0.1%

ZION traded up $0.09 during midday trading on Monday, reaching $69.23. The company’s stock had a trading volume of 524,862 shares, compared to its average volume of 1,733,506. The firm has a market capitalization of $10.18 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 2.22 and a beta of 0.81. Zions Bancorporation, N.A. has a 1 year low of $46.19 and a 1 year high of $69.84. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.27. The stock’s 50-day moving average is $63.40 and its 200-day moving average is $60.63.

Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last issued its quarterly earnings results on Monday, April 20th. The bank reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.13. The business had revenue of $859.00 million for the quarter, compared to the consensus estimate of $853.73 million. Zions Bancorporation, N.A. had a net margin of 19.53% and a return on equity of 13.90%. During the same quarter in the previous year, the firm earned $1.13 earnings per share. As a group, research analysts expect that Zions Bancorporation, N.A. will post 6.45 EPS for the current year.

Zions Bancorporation, N.A. announced that its Board of Directors has authorized a share repurchase program on Saturday, May 2nd that authorizes the company to repurchase $225.00 million in shares. This repurchase authorization authorizes the bank to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, EVP Jennifer Anne Smith sold 4,209 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $62.50, for a total value of $263,062.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.43% of the company’s stock.

Institutional Trading of Zions Bancorporation, N.A.

Large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Zions Bancorporation, N.A. in the fourth quarter valued at approximately $105,700,000. Balyasny Asset Management L.P. raised its position in Zions Bancorporation, N.A. by 1,270.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,146,992 shares of the bank’s stock worth $67,145,000 after purchasing an additional 1,063,303 shares in the last quarter. AQR Capital Management LLC boosted its stake in Zions Bancorporation, N.A. by 31.6% in the 3rd quarter. AQR Capital Management LLC now owns 2,963,545 shares of the bank’s stock valued at $167,677,000 after buying an additional 711,218 shares in the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in shares of Zions Bancorporation, N.A. during the 2nd quarter worth about $32,008,000. Finally, FIL Ltd increased its holdings in shares of Zions Bancorporation, N.A. by 117.6% during the fourth quarter. FIL Ltd now owns 1,113,079 shares of the bank’s stock worth $65,160,000 after buying an additional 601,610 shares in the last quarter. 76.84% of the stock is owned by institutional investors.

About Zions Bancorporation, N.A.

(Get Free Report)

Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.

The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.