In a report released today, Scott Beury from Boenning & Scattergood maintained a Buy rating on Flagstar Bancorp (FBC), with a price target of $37.50. The company’s shares closed yesterday at $35.37.
According to TipRanks.com, Beury is a 3-star analyst with an average return of 2.3% and a 47.5% success rate. Beury covers the Financial sector, focusing on stocks such as Farmers & Merchants Bancorp, Inc., Farmers National Banc Corp Oh, and Independent Bank Corporation.
Flagstar Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $36.
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The company has a one-year high of $38 and a one-year low of $25.30. Currently, Flagstar Bancorp has an average volume of 351.6K.
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Flagstar Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Mortgage Originations, Mortgage Servicing, Community Banking, and Other. The Mortgage Originations segment acquires and markets residential mortgage loans.
