Analysts Offer Insights on Financial Companies: Third Point (TPRE) and TriplePoint Venture Growth (TPVG)


Analysts have been eager to weigh in on the Financial sector with new ratings on Third Point (NYSE:TPRE) and TriplePoint Venture Growth (NYSE:TPVG).

Third Point (TPRE)

In a report released yesterday, Meyer Shields from KBW reiterated a Buy rating on Third Point, with a price target of $16.50. The company’s shares closed yesterday at $13.65.

According to TipRanks.com, Shields is a 4-star analyst with an average return of 9.1% and a 73.0% success rate. Shields covers the Financial sector, focusing on stocks such as American International Group, National General Holdings, and Arthur J Gallagher & Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Third Point with a $16.50 average price target.

See today’s analyst top recommended stocks >>

TriplePoint Venture Growth (TPVG)

KBW analyst Ryan Lynch reiterated a Hold rating on TriplePoint Venture Growth yesterday and set a price target of $14. The company’s shares closed yesterday at $13.68, close to its 52-week high of $14.19.

According to TipRanks.com, Lynch is a 3-star analyst with an average return of 5.8% and a 68.4% success rate. Lynch covers the Financial sector, focusing on stocks such as TPG Specialty Lending, Hercules Capital, and THL Credit.

Currently, the analyst consensus on TriplePoint Venture Growth is a Hold with an average price target of $14.

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