Analysts Offer Insights on Financial Companies: Invesco Mortgage (NYSE: IVR), Altisource Residential (NYSE: RESI) and XL Group (NYSE: XL)

By Ryan Adsit

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Invesco Mortgage (NYSE: IVR), Altisource Residential (NYSE: RESI) and XL Group (NYSE: XL).

Invesco Mortgage (NYSE: IVR)

In a report issued on June 28, Bose George from KBW reiterated a Hold rating on Invesco Mortgage (NYSE: IVR), with a price target of $16.25. The company’s shares closed yesterday at $16.74, close to its 52-week high of $17.34.

According to TipRanks.com, George is a 5-star analyst with an average return of 13.9% and a 71.6% success rate. George covers the Financial sector, focusing on stocks such as Federal Home Loan Mortgage Corporation, Fidelity National Financial Ventures, and Stewart Information Services Corp.

Invesco Mortgage has an analyst consensus of Hold, with a price target consensus of $16.25.

Altisource Residential (NYSE: RESI)

KBW analyst Jade Rahmani reiterated a Hold rating on Altisource Residential (NYSE: RESI) yesterday and set a price target of $14. The company’s shares closed yesterday at $13.02.

According to TipRanks.com, Rahmani is a 4-star analyst with an average return of 11.1% and a 73.6% success rate. Rahmani covers the Financial sector, focusing on stocks such as Kkr Real Estate ate Finance Trust Inc, Starwood Property Trust, and Jones Lang Lasalle Inc.

Altisource Residential has an analyst consensus of Moderate Buy, with a price target consensus of $15.50.

XL Group (NYSE: XL)

KBW analyst Meyer Shields reiterated a Buy rating on XL Group (NYSE: XL) yesterday and set a price target of $50. The company’s shares closed yesterday at $44.14, close to its 52-week high of $44.58.

According to TipRanks.com, Shields is a 4-star analyst with an average return of 6.4% and a 76.0% success rate. Shields covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Infinity Property and Casualty, and American International Group.

XL Group has an analyst consensus of Moderate Buy, with a price target consensus of $48.

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