In a report issued on July 2, Michael Diana from Maxim Group maintained a Buy rating on Two Harbors (TWO), with a price target of $15. The company’s shares closed yesterday at $12.70, close to its 52-week low of $12.06.
According to TipRanks.com, Diana is a 5-star analyst with an average return of 6.4% and a 58.0% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Manhattan Bridge Capital Inc, and Arlington Asset Investment.
Currently, the analyst consensus on Two Harbors is a Moderate Buy with an average price target of $15.
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The company has a one-year high of $16.23 and a one-year low of $12.06. Currently, Two Harbors has an average volume of 2.97M.
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Two Harbors Investment Corp. is a real estate investment trust, which focuses on investing in, financing and managing agency residential mortgage-backed securities, non-Agency securities, mortgage servicing rights and other financial assets.
