OneMain Holdings Inc (NYSE:OMF) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded OneMain Holdings Inc (NYSE:OMF) to Hold in a statement released on 10/12/2016.
On 10/10/2016, Wedbush released a statement on OneMain Holdings Inc (NYSE:OMF) upped the target price from $0.00 to $45.00 that suggested an upside of 0.46%.
Having a price of $30.79, OneMain Holdings Inc (NYSE:OMF) traded 0.00% even on the day. With the last close up 7.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. OneMain Holdings Inc has recorded a 50-day average of $30.42 and a two hundred day average of $28.59. Volume of trade was down over the average, with 0 shares of OMF changing hands under the typical 511,595
With a total market value of $0, OneMain Holdings Inc has with a one year low of $18.55 and a one year high of $51.39 .
A total of 16 analysts have released a research note on OneMain Holdings Inc. Seven analysts rating the company a strong buy, six analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $41.03.
More About OneMain Holdings Inc (NYSE:OMF)
OneMain Holdings, Inc., formerly Springleaf Holdings, Inc., incorporated on August 5, 2013, is a financial services holding company. The Company provides responsible loan products; offers credit and non-credit insurance; pursues strategic acquisitions of loan portfolios, and pursues acquisitions of companies and/or establish joint ventures. The Company operates through three segments: Consumer and Insurance; Acquisitions and Servicing, and Real Estate. The Company's subsidiaries include Springleaf Finance, Inc. (SFI) and Independence Holdings, LLC (Independence). SFI's principal subsidiary is Springleaf Finance Corporation (SFC), and Independence's principal subsidiary is OneMain Financial Holdings, LLC (OMFH). SFC and OMFH are financial services holding companies with subsidiaries engaged in the consumer finance and insurance businesses.
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