In-Depth Examination Of 4 Analyst Recommendations For Ready Capital
Portfolio Pulse from Benzinga Insights
Four analysts have recently reviewed Ready Capital (NYSE:RC), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $45.38, down 13.28% from the previous $52.33. Analyst actions include both downgrades and upgrades, with price targets ranging from $8.00 to $151.00. Ready Capital, a real estate finance company, has shown a negative revenue trend with a -12.55% growth, but excels in net margin and ROE, indicating strong financial health despite lower market capitalization.
March 04, 2024 | 9:01 pm
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NEUTRAL IMPACT
Ready Capital has received mixed analyst ratings with a significant adjustment in the average price target. Despite a negative revenue trend, its strong net margin and ROE indicate robust financial health.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty, but Ready Capital's strong financial indicators like net margin and ROE could mitigate negative perceptions. The company's lower market capitalization and negative revenue trend are concerns, but its financial health metrics are positive signs for investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100