Analysts Are Neutral on These Financial Stocks: BK, MTGBy Austin Angelo
Analysts fell to the sidelines weighing in on BNY Mellon (NYSE: BK) and MGIC Investment (NYSE: MTG) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
BNY Mellon (NYSE: BK)
According to TipRanks.com, Katzke is a 5-star analyst with an average return of 17.3% and a 67.6% success rate. Katzke covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, Citizens Financial, and State Street Corp.
Currently, the analyst consensus on BNY Mellon is Hold and the average price target is $50, representing a 7.2% upside.
In a report issued on April 11, Jefferies also reiterated a Hold rating on the stock with a $52 price target.
MGIC Investment (NYSE: MTG)
According to TipRanks.com, Harter is a 4-star analyst with an average return of 6.4% and a 65.0% success rate. Harter covers the Financial sector, focusing on stocks such as Sutherland Asset Management Corporation, Ellington Residential Mortgage, and ARMOUR Residential REIT Inc.
MGIC Investment has an analyst consensus of Strong Buy, with a price target consensus of $12.25.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.