Zacks Investment Research disclosed OneMain Holdings Inc (NYSE:OMF), stepping up its target to $35.00 earlier today
- Updated: October 16, 2016
Yesterday OneMain Holdings Inc (NYSE:OMF) traded 0.54% higher at $30.79. The company’s 50-day moving average is $30.45 and its 200-day moving average is $28.65. The last closing price is up 4.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 427,835 shares of the stock traded hands, down from an average trading volume of 494,202
Zacks Investment Research raised the target price of OneMain Holdings Inc (NYSE:OMF) to $35.00 stating a possible upside of 0.14%.
Previously on 09/12/2016, JPMorgan reported on OneMain Holdings Inc (NYSE:OMF) increased the target price from $0.00 to $38.00. At the time, this indicated a possible upside of 0.31%.
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OneMain Holdings Inc has a 52 week low of $18.55 and a 52 week high of $51.39 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $41.03 with 7 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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