KBW Sticks to Its Sell Rating for Freddie Mac (FMCC)
KBW analyst Bose George maintained a Sell rating on Freddie Mac today and set a price target of $9.00.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
According to TipRanks, George is a top 100 analyst with an average return of 14.3% and a 77.96% success rate. George covers the Financial sector, focusing on stocks such as Radian Group, Stewart Information Services, and PennyMac Financial.
Currently, the analyst consensus on Freddie Mac is a Hold with an average price target of $11.18.
Based on Freddie Mac’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.74 billion and a net profit of $2.77 billion. In comparison, last year the company earned a revenue of $6.03 billion and had a net profit of $3.11 billion
Read More on FMCC:
Disclaimer & DisclosureReport an Issue
- Freddie Mac price target lowered to $9 from $11 at Keefe Bruyette
- Freddie Mac Appoints Kenny M. Smith as CEO
- Freddie Mac names Kenny Smith as new CEO
- Trump Trade: Trump aiming to reduce restrictions on marijuana
- Freddie Mac upgraded to Outperform from Underperform at Wedbush
