Analysts have been eager to weigh in on the Financial sector with new ratings on Webster Financial (WBS), Invesco Mortgage (IVR) and Jones Lang Lasalle Inc (JLL).
Webster Financial (WBS)
In a report issued on May 10, Matthew Keating from Barclays maintained a Buy rating on Webster Financial, with a price target of $62. The company’s shares opened today at $49.33, close to its 52-week low of $45.38.
According to TipRanks.com, Keating is a 4-star analyst with an average return of 4.9% and a 55.7% success rate. Keating covers the Financial sector, focusing on stocks such as Union Bankshares Corporation, TCF Financial Corporation, and Texas Capital Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Webster Financial with a $61 average price target.
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Invesco Mortgage (IVR)
In a report issued on May 10, Mark Devries from Barclays maintained a Hold rating on Invesco Mortgage, with a price target of $16. The company’s shares opened today at $16.22, close to its 52-week high of $16.66.
According to TipRanks.com, Devries is a 4-star analyst with an average return of 2.9% and a 58.6% success rate. Devries covers the Financial sector, focusing on stocks such as Oaktree Specialty Lending Corporation, First American Financial Corporation, and ARMOUR Residential REIT Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Invesco Mortgage with a $16 average price target.
Jones Lang Lasalle Inc (JLL)
In a report issued on May 13, Ross L Smotrich from Barclays maintained a Buy rating on Jones Lang Lasalle Inc, with a price target of $177. The company’s shares opened today at $135.14.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.1% and a 63.2% success rate. Smotrich covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Apartment Investment & Management.
Jones Lang Lasalle Inc has an analyst consensus of Strong Buy, with a price target consensus of $187.33, a 38.6% upside from current levels. In a report issued on May 10, Goldman Sachs also upgraded the stock to Buy with a $206 price target.
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