Radian Group (RDN) Receives a Rating Update from a Top Analyst


BTIG analyst Mark Palmer maintained a Buy rating on Radian Group (RDN) yesterday and set a price target of $29. The company’s shares closed yesterday at $22.80.

According to TipRanks.com, Palmer is a top 100 analyst with an average return of 15.2% and a 67.8% success rate. Palmer covers the Financial sector, focusing on stocks such as Repay Holdings Corp, Genworth Financial, and LendingClub Corp.

Radian Group has an analyst consensus of Moderate Buy, with a price target consensus of $27.57.

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Radian Group’s market cap is currently $4.74B and has a P/E ratio of 7.50. The company has a Price to Book ratio of 1.30.

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Radian Group, Inc. is a insurance holding company, which engages in the provision of private mortgage insurance, risk management products, and real estate services to financial institutions. It operates through the Mortgage Insurance and Services business segment.

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