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Analysts have been eager to weigh in on the Financial sector with new ratings on PennyMac Financial (NYSE: PFSI) and Potlatch Corp (NASDAQ: PCH).
PennyMac Financial (NYSE: PFSI)
In a report released today, Bose George from KBW upgraded PennyMac Financial (NYSE: PFSI) to Buy. The company’s shares closed on Friday at $19.60.
According to TipRanks.com, George is a 5-star analyst with an average return of 12.8% and a 69.4% success rate. George covers the Financial sector, focusing on stocks such as American Capital Mortgage, Chimera Investment Corp, and CYS Investments.
Currently, the analyst consensus on PennyMac Financial is Moderate Buy and the average price target is $26.80, representing a 36.7% upside.
In a report issued on May 4, Barclays also maintained a Buy rating on the stock with a $26 price target.
See today’s analyst top recommended stocks >>
Potlatch Corp (NASDAQ: PCH)
In a report released today, Steven Chercover from D.A. Davidson upgraded Potlatch Corp (NASDAQ: PCH) to Hold. The company’s shares closed on Friday at $48.75.
According to TipRanks.com, Chercover is a 4-star analyst with an average return of 11.1% and a 71.3% success rate. Chercover covers the Consumer Goods sector, focusing on stocks such as KapStone Paper, Packaging Corp, and Domtar Corp.
Potlatch Corp has an analyst consensus of Moderate Buy, with a price target consensus of $52.
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