Compass Point Believes Radian Group (RDN) Still Has Room to Grow


In a report released today, Chris Gamaitoni from Compass Point maintained a Buy rating on Radian Group (RDN), with a price target of $30. The company’s shares opened today at $23.88, close to its 52-week high of $24.62.

According to TipRanks.com, Gamaitoni is a 3-star analyst with an average return of 7.1% and a 57.1% success rate. Gamaitoni covers the Financial sector, focusing on stocks such as First American Financial Corporation, Fidelity National Financial, and Texas Capital Bancshares.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Radian Group with a $27.17 average price target, a 13.8% upside from current levels. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $29 price target.

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The company has a one-year high of $24.62 and a one-year low of $14.78. Currently, Radian Group has an average volume of 1.39M.

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Radian Group, Inc. is a insurance holding company, which engages in the provision of private mortgage insurance, risk management products, and real estate services to financial institutions. It operates through the Mortgage Insurance and Services business segment.

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