Analysts have been eager to weigh in on the Financial sector with new ratings on Washington Real Estate Investment Trust (WRE), Element Financial (ELEEF) and United Insurance Holdings (UIHC).
Washington Real Estate Investment Trust (WRE)
In a report released yesterday, William Crow from Raymond James maintained a Buy rating on Washington Real Estate Investment Trust, with a price target of $32.50. The company’s shares closed last Monday at $31.20, close to its 52-week high of $31.34.
According to TipRanks.com, Crow is a 4-star analyst with an average return of 9.0% and a 67.9% success rate. Crow covers the Financial sector, focusing on stocks such as Easterly Government Properties, Pebblebrook Hotel, and Ryman.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Washington Real Estate Investment Trust with a $30.25 average price target.
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Element Financial (ELEEF)
In a report released yesterday, Brenna Phelan from Raymond James maintained a Buy rating on Element Financial, with a price target of C$13.50. The company’s shares closed last Monday at $8.60, equals to its 52-week high of $8.60.
Phelan has an average return of 33.4% when recommending Element Financial.
According to TipRanks.com, Phelan is ranked #364 out of 5588 analysts.
Element Financial has an analyst consensus of Strong Buy, with a price target consensus of $9.80, implying a 14.0% upside from current levels. In a report issued on October 23, TD Securities also reiterated a Buy rating on the stock with a C$12.50 price target.
United Insurance Holdings (UIHC)
Wells Fargo analyst Elyse Greenspan maintained a Hold rating on United Insurance Holdings yesterday and set a price target of $13.00. The company’s shares closed last Monday at $12.29, close to its 52-week low of $10.72.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 5.5% and a 63.1% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Insurance Holdings with a $14.00 average price target.
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