Analysts’ Opinions Are Mixed on These Financial Stocks: Evercore Partners Inc (NYSE: EVR), American International Group (NYSE: AIG) and OneMain Holdings, Inc (NASDAQ: OMF)

By Jason Carr

Analysts have been eager to weigh in on the Financial sector with new ratings on Evercore Partners Inc (NYSE: EVR), American International Group (NYSE: AIG) and OneMain Holdings, Inc (NASDAQ: OMF).

Evercore Partners Inc (NYSE: EVR)

Credit Suisse analyst Christian Bolu reiterated a Buy rating on Evercore Partners Inc (NYSE: EVR) on November 18 and set a price target of $56. The company’s shares opened today at $65.80, close to its 52-week high of $66.40.

According to TipRanks.com, Bolu is a 4-star analyst with an average return of 10.4% and a 71.9% success rate. Bolu covers the Financial sector, focusing on stocks such as Raymond James Financial, Stifel Financial Corp., and Investment Technology.

Evercore Partners Inc has an analyst consensus of Moderate Buy, with a price target consensus of $60.50.

American International Group (NYSE: AIG)

Credit Suisse analyst Ryan Tunis reiterated a Hold rating on American International Group (NYSE: AIG) on November 18 and set a price target of $61. The company’s shares opened today at $64.02, close to its 52-week high of $64.73.

Tunis wrote:

“We estimate that the DTA would decline by $2-3 per share (vs our $7 valuation currently) based on the company’s guide that the DTA would be written down by $4/6b respectively in a 25%/20% tax rate scenario. We think the midpoint of the 90-150bp ROE expansion guide coincides with about 80c per share higher EPS.”

According to TipRanks.com, Tunis is a 3-star analyst with an average return of 1.9% and a 51.2% success rate. Tunis covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Arthur J. Gallagher & Co., and Arch Capital Group Ltd.

Currently, the analyst consensus on American International Group is Moderate Buy and the average price target is $65, representing a 1.5% upside.

In a report issued on November 3, J.P. Morgan also reiterated a Hold rating on the stock with a $65 price target.
OneMain Holdings, Inc (NASDAQ: OMF)

Credit Suisse analyst Moshe Orenbuch reiterated a Buy rating on OneMain Holdings, Inc (NASDAQ: OMF) yesterday and set a price target of $35. The company’s shares opened today at $20.07, close to its 52-week low of $16.03.

Orenbuch commented:

“We expect increases in the NCO to be driven up by legacy OneMain’s performance and the OMF’s integration efforts, as well as residual impact from OMF’s bankruptcy policy change. Average 30+ day delinquencies in October across SLFT and OMFIT were 5.71% (+45 bps m/m, +85 bps y/y).”

According to TipRanks.com, Orenbuch is a 5-star analyst with an average return of 7.4% and a 71.2% success rate. Orenbuch covers the Financial sector, focusing on stocks such as Discover Financial Services, Credit Acceptance Corp., and Santander Consumer USA.

Currently, the analyst consensus on OneMain Holdings, Inc is Moderate Buy and the average price target is $28.71, representing a 43.0% upside.

In a report issued on November 8, Jefferies also reiterated a Buy rating on the stock with a $30 price target.