Flagstar Bancorp Gets a Hold Rating from Stephens


In a report issued on June 6, Terry McEvoy from Stephens assigned a Hold rating to Flagstar Bancorp (NYSE: FBC). The company’s shares closed on Friday at $37.25.

According to TipRanks.com, McEvoy is a 5-star analyst with an average return of 16.0% and a 87.5% success rate. McEvoy covers the Financial sector, focusing on stocks such as First Financial Bancorp, First Midwest Bancorp, and SunTrust Banks.

Flagstar Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $41.75.

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The company has a one-year high of $40.06 and a one-year low of $29.61. Currently, Flagstar Bancorp has an average volume of 227.4K.

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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.

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