Barclays analyst Mark Devries maintained a Buy rating on Annaly Capital (NLY) today and set a price target of $11. The company’s shares opened today at $10.27.
According to TipRanks.com, Devries is a 3-star analyst with an average return of 1.2% and a 61.4% success rate. Devries covers the Financial sector, focusing on stocks such as First American Financial Corporation, Discover Financial Services, and Fidelity National Financial.
Currently, the analyst consensus on Annaly Capital is a Strong Buy with an average price target of $10.67.
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Annaly Capital’s market cap is currently $13.48B and has a P/E ratio of 62.52. The company has a Price to Book ratio of 1.09.
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Annaly Capital Management, Inc. is a diversified capital manager that engages in the investment and financing of residential and commercial assets. It operates through the following investment groups: Agency, Residential Credit, Commercial Credit, and Middle Market Lending. The Agency group invests in agency mortgage-backed securities.
