Regional Management (RM) Receives a Rating Update from a Top Analyst
KBW analyst Sanjay Sakhrani maintained a Hold rating on Regional Management today and set a price target of $35.00. The company’s shares opened today at $33.26.
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According to TipRanks, Sakhrani is a top 100 analyst with an average return of 17.4% and a 75.00% success rate. Sakhrani covers the Financial sector, focusing on stocks such as American Express, Capital One Financial, and Bread Financial Holdings.
Regional Management has an analyst consensus of Moderate Buy, with a price target consensus of $30.50.
RM market cap is currently $328.4M and has a P/E ratio of 10.05.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RM in relation to earlier this year. Last month, Forager Fund, L.P., a Major Shareholder at RM bought 32,383.00 shares for a total of $924,841.47.
