Radian Group Inc (NYSE:RDN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Having a price of $13.49, Radian Group Inc (NYSE:RDN) traded 0.52% lower on the day. The last close is up 10.64% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. RDN has been tracking to a 50-day moving average of $13.30 and two hundred day moving average of $12.15. 2,691,227 shares of Radian Group Inc traded hands, down from ann avg. trading volume of 2,837,250
Zacks Investment Research has upgraded Radian Group Inc(NYSE:RDN) to Hold in a statement released Monday August 22 2016.
On Friday July 29 2016, FBR Capital released a statement about Radian Group Inc(NYSE:RDN) raised the target price from $14.00 to $16.00 that indicated a possible upside of 0.24%.
Recent Performance Graphic:
A total of 12 brokerages have issued a research note on the stock. Four analysts rate the company a strong buy, seven firms rate the company a buy, five firms rate the company a hold, 0 rate the stock to underperform, and finally 0 firmsrate the stock as sell with a 12-month target of $16.58
With a market cap of $0.0, Radian Group Inc has a one-year low of $9.29 and a one-year high of $17.77 with a P/E ratio of 10.
Brief Synopsis On 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 and services for the United Kingdom and European mortgage markets through its EuroRisk operations.
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