There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Bank of NT Butterfield & Son (NTB), Douglas Emmett (DEI) and NexPoint Residential Trust Inc (NXRT) with bullish sentiments.
Bank of NT Butterfield & Son (NTB)
Raymond James analyst Donald Worthington maintained a Buy rating on Bank of NT Butterfield & Son today and set a price target of $49. The company’s shares opened today at $41.51.
According to TipRanks.com, Worthington is a 5-star analyst with an average return of 13.2% and a 67.0% success rate. Worthington covers the Financial sector, focusing on stocks such as Pacific City Financial Corp, American River Bankshares, and Hanmi Financial Corp.
Currently, the analyst consensus on Bank of NT Butterfield & Son is a Strong Buy with an average price target of $50.50, implying a 21.7% upside from current levels. In a report issued on October 24, KBW also reiterated a Buy rating on the stock with a $52 price target.
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Douglas Emmett (DEI)
Raymond James analyst Paul Puryear maintained a Buy rating on Douglas Emmett today and set a price target of $42. The company’s shares opened today at $35.45, close to its 52-week low of $34.72.
According to TipRanks.com, Puryear is a 5-star analyst with an average return of 9.5% and a 72.1% success rate. Puryear covers the Financial sector, focusing on stocks such as Four Corners Property Trust, Americold Realty Trust, and Simon Property.
Douglas Emmett has an analyst consensus of Moderate Buy, with a price target consensus of $40.75.
NexPoint Residential Trust Inc (NXRT)
In a report released today, Craig Kucera from B.Riley FBR maintained a Buy rating on NexPoint Residential Trust Inc, with a price target of $37. The company’s shares opened today at $33.64.
According to TipRanks.com, Kucera is a 4-star analyst with an average return of 4.3% and a 61.1% success rate. Kucera covers the Financial sector, focusing on stocks such as Urstadt Biddle Properties Inc, Consolidated-Tomoka Land Co, and Bluerock Residential Growth.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NexPoint Residential Trust Inc with a $37.50 average price target.
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