KBW analyst Bose George reiterated a Hold rating on Ocwen Financial (OCN) on December 9 and set a price target of $3. The company’s shares closed yesterday at $1.72, close to its 52-week low of $1.61.
According to TipRanks.com, George is a 5-star analyst with an average return of 12.2% and a 68.0% success rate. George covers the Financial sector, focusing on stocks such as Stewart Information Services Corp, Fidelity National Financial, and AGNC Investment Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Ocwen Financial with a $4 average price target, which is a 132.6% upside from current levels. In a report issued on November 30, BTIG also initiated coverage with a Hold rating on the stock.
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The company has a one-year high of $4.84 and a one-year low of $1.61. Currently, Ocwen Financial has an average volume of 1.82M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.
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Ocwen Financial Corp. is a financial services holding company, which through its subsidiaries engages in the servicing and origination of mortgage loans. It operates through the following segments: Servicing, Lending, and Corporate Items and Other.
