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RBC Capital Sticks to Their Hold Rating for Two Harbors (TWO)

Tipranks - Tipranks - Fri Feb 6, 7:46PM CST

RBC Capital analyst Kenneth Lee maintained a Hold rating on Two Harbors on February 4 and set a price target of $11.00. The company’s shares closed yesterday at $11.91.

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According to TipRanks, Lee is a 5-star analyst with an average return of 11.2% and a 66.27% success rate. Lee covers the Financial sector, focusing on stocks such as Voya Financial, Federated Hermes, and Ameriprise Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for Two Harbors with a $12.17 average price target, a 2.18% upside from current levels. In a report released on February 4, KBW also maintained a Hold rating on the stock with a $11.50 price target.

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Based on Two Harbors’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $247.57 million and a GAAP net loss of $127.92 million. In comparison, last year the company earned a revenue of $126.48 million and had a GAAP net loss of $238.49 million

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