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Radian Group Inc (NYSE:RDN) target price raised to $16.00, issued a report today by Zacks Investment Research

Radian Group Inc (NYSE:RDN) had its target price raised to $16.00 by Zacks Investment Research in a report released Thursday December 01, 2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.

Previously on 11/25/2016, Zacks Investment Research reported about Radian Group Inc (NYSE:RDN) raised the target price from $0.00 to $16.00. At the time, this indicated a possible upside of 0.10%.

Yesterday Radian Group Inc (NYSE:RDN) traded 2.63% higher at $14.56. The company’s 50-day moving average is $14.05 and its 200-day moving average is $12.82. The last stock close price is up 16.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 882,279 shares of the stock were exchanged, down from an average trading volume of 2,334,670

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Radian Group Inc (NYSE:RDN)

Radian Group Inc has a 52 week low of $9.29 and a 52 week high of $14.99 with a P/E ratio of 10.58 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 12 firms have issued a report on the stock. The consensus target price is $16.58 with 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information 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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