KBW analyst Eric Hagen reiterated a Hold rating on Pra Group (NASDAQ: PRAA) yesterday and set a price target of $35. The company’s shares closed yesterday at $37.
According to TipRanks.com, Hagen is a 2-star analyst with an average return of 3.1% and a 87.5% success rate. Hagen covers the Financial sector, focusing on stocks such as Ellington Financial, Capstead Mortgage, and Invesco Mortgage.
Currently, the analyst consensus on Pra Group is a Hold with an average price target of $35, representing a -5.4% downside. In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.
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The company has a one-year high of $43.75 and a one-year low of $25.72. Currently, Pra Group has an average volume of 272.3K.
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PRA Group, Inc. engages in the purchase, collection and management of portfolios of defaulted consumer receivables. It focuses on the acquisition, collection, and processing of both unpaid and normal course accounts receivable originally owed to credit grantors, governments, retailers and others.
