B.Riley FBR Sticks to Their Buy Rating for BofI Holding


In a report released today, Steve Moss from B.Riley FBR maintained a Buy rating on BofI Holding (NASDAQ: BOFI), with a price target of $47. The company’s shares closed yesterday at $42.47, close to its 52-week high of $45.18.

According to TipRanks.com, Moss is a 4-star analyst with an average return of 12.6% and a 79.0% success rate. Moss covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, Meta Financial Group, and Banc of California.

BofI Holding has an analyst consensus of Moderate Buy, with a price target consensus of $45.86.

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The company has a one-year high of $45.18 and a one-year low of $22.63. Currently, BofI Holding has an average volume of 591.6K.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock.

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BofI Holding, Inc. engages in the provision of banking and financing services for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. Through its subsidiary, the firm offers consumer and business banking products through its distribution channels and affinity partners.

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