Radian Group Inc (NYSE:RDN) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Zacks Investment Research has downgraded Radian Group Inc (NYSE:RDN) to Sell in a statement released on 9/21/2016.
Boasting a price of $13.53, Radian Group Inc (NYSE:RDN) traded -0.43% lower on the day. With the last close up 12.13% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Radian Group Inc has recorded a 50-day average of $13.52 and a two hundred day average of $12.25. Volume of trade was down over the average, with 1,997,799 shares of RDN changing hands under the typical 2,622,000
With a total market value of $0, Radian Group Inc has price-earnings ratio of 10.30 with a one year low of $9.29 and a one year high of $17.00 .
A total of 12 analysts have released a research note on RDN. Four analysts rating the company a strong buy, seven analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $16.58.
More About Radian Group Inc (NYSE:RDN)
Radian Group Inc. is a holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions. The Services segment provides outsourced services, information-based analytics and specialty consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities, as well as other asset-backed securities (ABS). It also offers mortgage insurance products, such as primary mortgage insurance and pool insurance. Its Services segment is engaged in offering loan review and due diligence; surveillance; valuation and component services; real estate owned (REO) management services, and services for the United Kingdom and European mortgage markets through its EuroRisk operations.
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