Meta Financial Group Inc. (NASDAQ:CASH) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: September 27, 2016
Boasting a price of $61.38, Meta Financial Group Inc. (NASDAQ:CASH) traded 2.11% higher on the day. With the last stock price close up 17.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Meta Financial Group Inc. has recorded a 50-day average of $59.97 and a two hundred day average of $52.12. Trading volume was down over the average, with 44,651 shares of CASH changing hands under the typical 49,089
Zacks Investment Research has downgraded Meta Financial Group Inc. (NASDAQ:CASH) to Sell in a statement released on 09/27/2016.
On 4/07/2016, KBW released a statement for Meta Financial Group Inc. (NASDAQ:CASH) bumped up the target price from $0.00 to $55.00 that suggested an upside of 0.23%.
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Meta Financial Group Inc. has a 52 week low of $36.22 and a 52 week high of $62.62 with a P/E ratio of 15.74 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 equity analysts have released a ratings update on the stock. The consensus target price is $52.33 with one analyst rating the stock a strong buy, 1 brokerage rating the company a buy, zero brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Meta Financial Group Inc. (NASDAQ:CASH)
Meta Financial Group, Inc. is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis. Its segments include Retail Banking and Meta Payment Systems (MPS). The Retail Banking segment includes AFS/IBEX Financial Services Inc. (AFS/IBEX). It operates as a community bank providing deposit, loan and other related products. MPS provides a range of products and services to financial institutions and other businesses, including issuance of prepaid debit cards, sponsorship of automated teller machines (ATM) into the debit networks, credit programs, automated clearing house (ACH) origination services, gift card programs, rebate programs, travel programs and tax-related programs and services.
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