A Glimpse Into The Expert Outlook On Mr. Cooper Gr Through 5 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 5 analysts have updated their ratings on Mr. Cooper Group Inc (NASDAQ:COOP), all shifting to a somewhat bullish stance. The average 12-month price target for COOP has been raised to $83.8, marking a 5.54% increase from the previous target of $79.40. This positive adjustment reflects analysts' growing optimism about the company's performance, underpinned by its solid revenue growth, exceptional net margin, and strong financial health indicators such as ROE and ROA.
April 09, 2024 | 5:00 pm
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POSITIVE IMPACT
Mr. Cooper Group Inc (NASDAQ:COOP) has seen a positive shift in analyst sentiment, with all 5 recent ratings being somewhat bullish and the average 12-month price target raised to $83.8. This reflects a 5.54% increase from the previous target, driven by the company's strong financial performance and market position.
The unanimous somewhat bullish stance among analysts, coupled with the raised price target, indicates a strong consensus on the company's growth prospects. This optimism is backed by Mr. Cooper Group's solid revenue growth, high net margin, and exceptional ROE and ROA, which are well above industry averages. These factors contribute to the positive short-term impact on COOP's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100