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Analysts Offer Insights on Financial Companies: Federal National Mortgage Association (OtherFNMA), Prudential Financial (PRU) and Bendigo & Adelaide Bank (OtherBXRBF)

Tipranks - Thu Aug 6, 7:34AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Federal National Mortgage Association (FNMA), Prudential Financial (PRU) and Bendigo & Adelaide Bank (BXRBF).

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Federal National Mortgage Association (FNMA)

In a report released today, Dan Dolev from Mizuho Securities maintained a Buy rating on Federal National Mortgage Association, with a price target of $10.00. The company’s shares closed last Tuesday at $5.67.

According to TipRanks.com, Dolev is a 4-star analyst with an average return of 7.8% and a 54.2% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Shift4 Payments. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Federal National Mortgage Association with a $7.81 average price target, a 35.8% upside from current levels. In a report issued on July 30, Wedbush also initiated coverage with a Buy rating on the stock with a $8.00 price target.

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Prudential Financial (PRU)

Piper Sandler analyst Paul Newsome maintained a Hold rating on Prudential Financial today and set a price target of $110.00. The company’s shares closed last Tuesday at $123.54.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 14.2% and a 73.1% success rate. Newsome covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Bowhead Specialty Holdings Inc., and American International Group. ;'>

Currently, the analyst consensus on Prudential Financial is a Moderate Sell with an average price target of $106.52, representing a -11.9% downside. In a report issued on July 21, J.P. Morgan also maintained a Hold rating on the stock with a $129.00 price target.

Bendigo & Adelaide Bank (BXRBF)

In a report released today, Andrew Lyons from Jefferies maintained a Hold rating on Bendigo & Adelaide Bank, with a price target of A$10.32. The company’s shares closed last Thursday at $7.71.

According to TipRanks.com, Lyons is a 3-star analyst with an average return of 2.8% and a 50.0% success rate. Lyons covers the Financial sector, focusing on stocks such as National Australia Bank Limited, Macquarie Group Limited, and ANZ Group Holdings. ;'>

Bendigo & Adelaide Bank has an analyst consensus of Moderate Sell, with a price target consensus of $7.09, which is a -8.0% downside from current levels. In a report issued on July 30, UBS also maintained a Hold rating on the stock with a A$11.30 price target.

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