Analysts Offer Insights on Financial Companies: OneMain Holdings Inc (NASDAQ: OMF) and Centennial Resource Development Inc (NASDAQ: CDEV)

By Ryan Adsit

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on OneMain Holdings Inc (NASDAQ: OMF) and Centennial Resource Development Inc (NASDAQ: CDEV) with bullish sentiments.

OneMain Holdings Inc (NASDAQ: OMF)

In a report released today, Kenneth Bruce from Merrill Lynch maintained a Buy rating on OneMain Holdings Inc (NASDAQ: OMF), with a price target of $35. The company’s shares opened today at $30.88, close to its 52-week high of $33.39.

According to TipRanks.com, Bruce is a 1-star analyst with an average return of -4.1% and a 37.9% success rate. Bruce covers the Financial sector, focusing on stocks such as Discover Financial Services, Starwood Property Trust, and Apollo Investment Corp.

Currently, the analyst consensus on OneMain Holdings Inc is Moderate Buy and the average price target is $33.11, representing a 7.2% upside.

In a report issued on October 6, BMO Capital also reiterated a Buy rating on the stock with a $31 price target.
Centennial Resource Development Inc (NASDAQ: CDEV)

In a report released today, Jeanine Wai from Citigroup maintained a Buy rating on Centennial Resource Development Inc (NASDAQ: CDEV), with a price target of $22. The company’s shares opened today at $18.99.

According to TipRanks.com, Wai is a 3-star analyst with an average return of 5.2% and a 57.1% success rate. Wai covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Cobalt International, and Extraction Oil & Gas.

Currently, the analyst consensus on Centennial Resource Development Inc is Moderate Buy and the average price target is $21.57, representing a 13.6% upside.

In a report issued on October 5, Stifel Nicolaus also reiterated a Buy rating on the stock with a $21 price target.

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