Analysts’ Opinions Are Mixed on These Financial Stocks: Rayonier (NYSE: RYN) and American Equity Investment Life (NYSE: AEL)

By Carrie Williams

Analysts have been eager to weigh in on the Financial sector with new ratings on Rayonier (NYSE: RYN) and American Equity Investment Life (NYSE: AEL).

Rayonier (NYSE: RYN)

RBC Capital analyst Paul Quinn reiterated a Hold rating on Rayonier (NYSE: RYN) yesterday and set a price target of $28. The company’s shares opened today at $29.

According to TipRanks.com, Quinn is a top 25 analyst with an average return of 22.6% and a 80.6% success rate. Quinn covers the Consumer Goods sector, focusing on stocks such as Rayonier Advanced Materials, Mercer International Inc, and International Paper Co.

Rayonier has an analyst consensus of Strong Buy, with a price target consensus of $30.

American Equity Investment Life (NYSE: AEL)

In a report released today, Mark Dwelle from RBC Capital reiterated a Buy rating on American Equity Investment Life (NYSE: AEL), with a price target of $28. The company’s shares opened today at $27.18, close to its 52-week high of $28.32.

According to TipRanks.com, Dwelle is a top 100 analyst with an average return of 14.6% and a 85.2% success rate. Dwelle covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

American Equity Investment Life has an analyst consensus of Moderate Buy, with a price target consensus of $26.67.

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.