Critical Insights From Redwood Trust Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Over the past three months, 6 analysts have evaluated Redwood Trust (NYSE:RWT) with varying opinions. The average 12-month price target is $7.29, with a high of $8.00 and a low of $6.50. Recent analyst actions include JP Morgan raising its target to $7.50 and Jones Trading announcing a $7.25 target. Redwood Trust has shown strong financial performance with significant revenue growth and high net margins, but it also has a high debt-to-equity ratio.
July 16, 2024 | 5:00 pm
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Redwood Trust has received mixed analyst ratings with an average price target of $7.29. JP Morgan raised its target to $7.50, while Jones Trading announced a $7.25 target. The company shows strong financial performance but has a high debt-to-equity ratio.
The mixed analyst ratings and recent price target adjustments indicate a neutral short-term impact on Redwood Trust's stock. While the company shows strong financial performance, the high debt-to-equity ratio poses a risk, balancing the positive and negative factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100